Abu Dhabi healthcare company Burjeel Holdings is aiming to do more clinical trials in the UAE, as it seeks to boost its oncology and paediatric services, its chairman has said.
A total of 25 clinical trials have been either completed or are under way by the company. These include a multicentre study of the efficacy and safety of the drug Mitapivat for patients with thalassaemia, an inherited blood disorder, as well as trials in cancer treatment.
In April, the Department of Health in Abu Dhabi also said it had successfully completed a clinical trial in collaboration with Swedish company Cellcolabs and Burjeel Holdings to evaluate cell-based therapies for degenerative joint diseases.
“Clinical trials are coming up – it's about seeing the opportunity, inviting pharma here, because clinical trials have never happened outside [the traditional hubs]. So we are opening up a new horizon,” Dr Shamsheer Vayalil, founder and chairman of Burjeel Holdings, told The National at the Make it in the Emirates event in Abu Dhabi.
“But for that, you need the clinical strength … We have it now, and we are adding on to it. It's a constantly evolving process, but we have made a lot of progress,” Dr Vayalil added. There is already “huge” global interest in the region, he said.
Earlier in May, it was announced that the UAE will host the first clinical trials outside the US of a wireless brain chip made by tech billionaire Elon Musk's Neuralink company. The chip is designed to improve the lives of paralysed people. The Department of Health in Abu Dhabi said it had teamed up with Cleveland Clinic Abu Dhabi and Neuralink to launch the trial programme, known as UAE-PRIME.
“Health care should become a way of enabling the economy,” Dr Vayalil said. “We want to improve the GDP. We want to bring clinical trials. We want to bring in research. We want to train doctors. We want this to become a mode of enabling an economy.
“We have interest in trials, we have interest in pharma, we have interest in innovation. So that's how we look at health care. I think health care should move more into solutions.”
Clinics on ships
Burjeel Holdings this week also revealed more details of its healthcare logistics joint venture with AD Ports Group, called Docktour.
The platform is focused on addressing Africa’s healthcare challenges and will facilitate the deployment of modular healthcare units, including container-based hospitals and clinics. It will also help to set up full-service medical infrastructure, including field hospitals and permanent facilities.
Docktour will also provide emergency response capabilities and support local capacity-building through clinical training.
The joint venture will partner with national health ministries, international NGOs, and UAE-led humanitarian initiatives to provide services.
“I think this is going to be something that will disrupt [the market] … it's a local solution for a global problem,” Dr Vayalil said. “What is the problem today? It is the reach, logistics, manpower. We work in remote sites. For us, the growth should come from deserving places as well, meaningful growth.”
However, he also stressed that the company focuses on “bankable projects” and that their plan with Docktour was long-term.
“I'm not too worried about where the bill will come. We are talking to various organisations. We are making a model which is very compelling. We are going to show governments how they can save on the cost,” he said.
Cancer care in focus
Abu Dhabi-listed Burjeel Holding this month reported a 64 per cent drop in first quarter net profit attributable to shareholders to reach Dh36.37 million ($9.9 million), although revenue rose by 5.7 per cent to Dh1.27 billion. Revenue growth was driven by a 5.3 per cent annual increase in patient footfall.
The company said it was hit by a “number of operational challenges, with group performance impacted by a sharper-than-anticipated slowdown in March and delays in the conversion of complex care programmes”.
The hiring of niche specialists is one reason that quarterly earnings were affected, Dr Vayalil said.
“You hire a haemato-oncologist, who is not a regular physician … he takes a while to settle down, the referral system needs to fall in place. So, we are deliberately taking certain decisions which are time-consuming, because if I only look at the balance sheet and [quarter to quarter], we're not going to be meaningful. We always say that it's the net result versus the Q-to-Q,” he said.
The company is focusing heavily on cancer care and building the practice. In April, it partnered with US non-profit Caring Cross to locally manufacture CAR T-cell therapies at up to 90 per cent less than current international costs, estimated to range from $350,000 to more than $1 million.
CAR-T therapies reprogramme a patient’s immune cells to attack cancer cells and are being used to treat blood cancers such as leukaemia and lymphoma. Caring Cross will support with the technology, materials and specialised training to establish a local system.
“We don’t want to be a supermarket of health care, we want to be a boutique. Ultimately, we want to be known for certain things. Cancer is top of our stuff, as well as paediatrics,” Dr Vayalil said.
The company is considering further expansion in Africa and other emerging markets, he said, but did not provide any specifics.
Dr Vayalil also said Burjeel is focused on using technology to support physicians. “We don't want to take a position of replacing the doctor,” he said.
“If you ask me about five-year growth, I would not be able to even define and tell you precisely, but if our execution ability would prevail, I think we will make lot of noise in the right direction.”
The Birkin bag is made by Hermès.
It is named after actress and singer Jane Birkin
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Sukuk explained
Sukuk are Sharia-compliant financial certificates issued by governments, corporates and other entities. While as an asset class they resemble conventional bonds, there are some significant differences. As interest is prohibited under Sharia, sukuk must contain an underlying transaction, for example a leaseback agreement, and the income that is paid to investors is generated by the underlying asset. Investors must also be prepared to share in both the profits and losses of an enterprise. Nevertheless, sukuk are similar to conventional bonds in that they provide regular payments, and are considered less risky than equities. Most investors would not buy sukuk directly due to high minimum subscriptions, but invest via funds.
The specs
Engine: 3.9-litre twin-turbo V8
Transmission: seven-speed
Power: 720hp
Torque: 770Nm
Price: Dh1,100,000
On sale: now
Empty Words
By Mario Levrero
(Coffee House Press)
Sweet%20Tooth
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1. Kylian Mbappe - to Real Madrid in 2017/18 - €180 million (Dh770.4m - if a deal goes through)
2. Paul Pogba - to Manchester United in 2016/17 - €105m
3. Gareth Bale - to Real Madrid in 2013/14 - €101m
4. Cristiano Ronaldo - to Real Madrid in 2009/10 - €94m
5. Gonzalo Higuain - to Juventus in 2016/17 - €90m
6. Neymar - to Barcelona in 2013/14 - €88.2m
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8. Luis Suarez - to Barcelona in 2014/15 - €81.72m
9. Angel di Maria - to Manchester United in 2014/15 - €75m
10. James Rodriguez - to Real Madrid in 2014/15 - €75m
Getting there
Flydubai flies direct from Dubai to Tbilisi from Dh1,025 return including taxes
The biog
Name: Dhabia Khalifa AlQubaisi
Age: 23
How she spends spare time: Playing with cats at the clinic and feeding them
Inspiration: My father. He’s a hard working man who has been through a lot to provide us with everything we need
Favourite book: Attitude, emotions and the psychology of cats by Dr Nicholes Dodman
Favourit film: 101 Dalmatians - it remind me of my childhood and began my love of dogs
Word of advice: By being patient, good things will come and by staying positive you’ll have the will to continue to love what you're doing
Recipe
Garlicky shrimp in olive oil
Gambas Al Ajillo
Preparation time: 5 to 10 minutes
Cooking time: 5 minutes
Serves 4
Ingredients
180ml extra virgin olive oil; 4 to 5 large cloves of garlic, minced or pureed (or 3 to 4 garlic scapes, roughly chopped); 1 or 2 small hot red chillies, dried (or ¼ teaspoon dried red chilli flakes); 400g raw prawns, deveined, heads removed and tails left intact; a generous splash of sweet chilli vinegar; sea salt flakes for seasoning; a small handful of fresh flat-leaf parsley, roughly chopped
Method
▶ Heat the oil in a terracotta dish or frying pan. Once the oil is sizzling hot, add the garlic and chilli, stirring continuously for about 10 seconds until golden and aromatic.
▶ Add a splash of sweet chilli vinegar and as it vigorously simmers, releasing perfumed aromas, add the prawns and cook, stirring a few times.
▶ Once the prawns turn pink, after 1 or 2 minutes of cooking, remove from the heat and season with sea salt flakes.
▶ Once the prawns are cool enough to eat, scatter with parsley and serve with small forks or toothpicks as the perfect sharing starter. Finish off with crusty bread to soak up all that flavour-infused olive oil.
GAC GS8 Specs
Engine: 2.0-litre 4cyl turbo
Power: 248hp at 5,200rpm
Torque: 400Nm at 1,750-4,000rpm
Transmission: 8-speed auto
Fuel consumption: 9.1L/100km
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Dubai Hurricanes 58-10 Dubai Knights Eagles
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Super Rugby play-offs
Quarter-finals
- Hurricanes 35, ACT 16
- Crusaders 17, Highlanders 0
- Lions 23, Sharks 21
- Chiefs 17, Stormers 11
Semi-finals
Saturday, July 29
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The Sand Castle
Director: Matty Brown
Stars: Nadine Labaki, Ziad Bakri, Zain Al Rafeea, Riman Al Rafeea
Rating: 2.5/5
Sun jukebox
Rufus Thomas, Bear Cat (The Answer to Hound Dog) (1953)
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Elvis Presley, Mystery Train (1955)
The B-side of Presley’s final single for Sun bops with a drummer-less groove.
Johnny Cash and the Tennessee Two, Folsom Prison Blues (1955)
Originally recorded for Sun, Cash’s signature tune was performed for inmates of the titular prison 13 years later.
Carl Perkins, Blue Suede Shoes (1956)
Within a month of Sun’s February release Elvis had his version out on RCA.
Roy Orbison, Ooby Dooby (1956)
An essential piece of irreverent juvenilia from Orbison.
Jerry Lee Lewis, Great Balls of Fire (1957)
Lee’s trademark anthem is one of the era’s best-remembered – and best-selling – songs.
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Send “thenational” to the following numbers or call the hotline on: 0502955999
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8 traditional Jamaican dishes to try at Kingston 21
- Trench Town Rock: Jamaican-style curry goat served in a pastry basket with a carrot and potato garnish
- Rock Steady Jerk Chicken: chicken marinated for 24 hours and slow-cooked on the grill
- Mento Oxtail: flavoured oxtail stewed for five hours with herbs
- Ackee and salt fish: the national dish of Jamaica makes for a hearty breakfast
- Jamaican porridge: another breakfast favourite, can be made with peanut, cornmeal, banana and plantain
- Jamaican beef patty: a pastry with ground beef filling
- Hellshire Pon di Beach: Fresh fish with pickles
- Out of Many: traditional sweet potato pudding
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7.40pm: Straight No Chaser
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What is the Supreme Petroleum Council?
The Abu Dhabi Supreme Petroleum Council was established in 1988 and is the highest governing body in Abu Dhabi’s oil and gas industry. The council formulates, oversees and executes the emirate’s petroleum-related policies. It also approves the allocation of capital spending across state-owned Adnoc’s upstream, downstream and midstream operations and functions as the company’s board of directors. The SPC’s mandate is also required for auctioning oil and gas concessions in Abu Dhabi and for awarding blocks to international oil companies. The council is chaired by Sheikh Khalifa, the President and Ruler of Abu Dhabi while Sheikh Mohamed bin Zayed, Abu Dhabi’s Crown Prince and Deputy Supreme Commander of the Armed Forces, is the vice chairman.
Specs
Engine: Duel electric motors
Power: 659hp
Torque: 1075Nm
On sale: Available for pre-order now
Price: On request
The specs
Engine: 6.2-litre V8
Transmission: ten-speed
Power: 420bhp
Torque: 624Nm
Price: Dh325,125
On sale: Now