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Last updated on April 16, 2014 at 12:40 EDT

Enterprise Ireland Dubai Hosts Irish Minister at Arab Health 2013

January 30, 2013

DUBAI, UAE, January 30, 2013 /PRNewswire/ –

Number of Irish healthcare companies under the organisation’s umbrella exporting to
the UAE set to quadruple by 2016

Enterprise Ireland Dubai, the regional arm of the Irish government organisation
responsible for the development and growth of Irish enterprises in world markets, welcomed
Minister Costello TD, Irish Minister of State for Trade and Development to its pavilion at
this year’s Arab Health exhibition.

(Photo:
http://photos.prnewswire.com/prnh/20130130/591165 )

The organisation is fundamental in creating links between Irish businesses and
overseas partners to build mutually profitable international commerce relationships – a
role in which the life sciences sector is playing an increasingly important part. In 2011,
healthcare companies represented 10% of Enterprise Ireland’s total exporters in the MENA
region, a figure that is expected to increase dramatically to around 40% over the next
three years.

Enterprise Ireland is joined at Arab Health by 14 of its leading client companies
within the industry. On the National stand these include AmRay Medical (provider of
radiation protection products), Finesse Medical (wound care), Lincor (healthcare IT),
Millmount Healthcare (pharmaceutical packaging & storage), Oneview (healthcare IT), Sims
IVF (Ireland’s largest fertility clinic), Takumi Precision (medical aid manufacturers) and
Tog Orthotics (manufacturer of orthotic products).

Minister Costello said, “Ireland is well established as a global centre of excellence
in the area of medical technology. The sector brings together multinational companies and
Irish owned companies – employing 25,000 people – and we are bringing representatives of
both to Dubai to participate in Arab Health.”

He continued, “The sector is of enormous importance to Ireland but we are not resting
on our laurels. The Government and the medical technology sector together continue to
support research-led innovation, to ensure that we remain at the forefront of this
industry.”

Sean Davis Regional Manager at Enterprise Ireland Dubai added, “Ireland has over 250
highly innovative life sciences companies that have been active in European and US markets
for some time. We feel there is a strong match between their products and services and the
areas of demand in this region. The Emirates and Etihad services to Dublin mean our
companies can easily connect to anywhere in the GCC via Dubai or Abu Dhabi.”

Minister Costello joined representatives from Enterprise Ireland at an evening
reception on January 29th themed “Healthcare Innovation Made in Ireland” and held in
conjunction with the Royal College of Surgeons in Ireland-Dubai (RCSI-Dubai) and the Irish
Embassy.

He commented, “The RCSI has, over the last 20-30 years, built a wonderful reputation
here in the Gulf region. They have built this through the quality of their teaching and
their long-term commitment but most of all they have built this reputation on the work of
their graduates. I am delighted to have the opportunity to meet with so many of these
graduates – graduates from both the College in Dublin and the Leadership Institute in
Dubai.”

Notes to editor:

        - The medical technologies industry is of key importance to the Irish
          economy and has continued to grow year on year despite the global recession and the
          challenges facing Ireland.
        - Ireland is now globally recognised as a major centre of excellence in the
          medical technologies sector and the Irish cluster is now on par with some of the
          world's leading medtech clusters such as those in Massachusetts and Minnesota, USA.
        - The sector employs 25,000 people directly in Ireland and had exports in excess
          of EUR7.3bn in 2011 - up 14% on 2008 levels.
        - Our indigenous lifesciences sector now consists of over 250 Enterprise Ireland
          client companies. In 2010 this sector contributed over EUR1bn in sales, EUR760m in
          exports and employed over 6,000 people.
        - Enterprise Ireland is a significant partner in Ireland's R&D and VC ecosystem,
          proving many 10's millions of Euro each year to continue to foster the development of
          innovative healthcare tech
        - For more information contact Enterprise Ireland's Life-Sciences Advisor for
          the MENA region Eamon Sikafi on +971-4-3760 400 or visit

http://www.enterprise-ireland.com

    Photo: 

http://photos.prnewswire.com/prnh/20130130/591165

SOURCE Enterprise Ireland


Source: PR Newswire