GMIS, Italian Pharmaceutical Farmindustria sign MoU

ABU DHABI, The Global Manufacturing and Industrialisation Summit, GMIS, has signed a Memorandum of Understand, MoU, with Farmindustria, Italy’s global leader in pharmaceutical care, to support its aim of harnessing the potential of the Fourth Industrial Revolution, 4IR, to underpin the manufacturing sector of the future.

The MoU, which was signed during the Annual Investment Meeting, will enable the exchange of knowledge and expertise between the two institutions and encourage mutual collaboration in promoting the role of manufacturing in building a more prosperous world, as well as supporting the further development of the global pharmaceutical industry.

Badr Al-Olama, Head of the Global Manufacturing and Industrialisation Summit Organising Committee, signed the agreement with Enrica Giorgetti, Managing Director of Farmindustria, in the presence of Franco Frattini, Chairman of the Italy-UAE Association Chairman, Liborio Stellino, Italian Ambassador to the UAE, and Ahmed Hilal Al Bloushi, Acting Director-General of the Indus-trial Development Bureau.

“This partnership will enable knowledge transfer and sharing of expertise and insight between GMIS and Farmindustria in shaping the future of the global pharmaceutical industry by emphasising its pivotal position on the global manufacturing landscape,” Al-Olama said.

“The deployment of 4IR technologies opens up potentially exciting and impactful new avenues for the pharmaceutical industry, and international collaboration of the kind that will be fostered through this agreement will advance the adoption of these technologies. In addition, GMIS’ role as a champion of sustainability and a driver of global good, and Farmindustria’s prominent role in the global pharmaceutical sector, will help to ensure that the development of the industry aligns with the UN Sustainable Development Goals,” he added.

Giorgetti, in turn, said, “This agreement between GMIS and Farmindustria reflects our countries’ commitment to forming partnerships that have the potential to create real-world benefit through generating new investment and jobs, opening up new skills pathways, and embracing, adopting, and capitalising on new technologies.

The inaugural Global Manufacturing and Industrialisation Summit was staged at the Paris-Sorbonne University, Abu Dhabi, in March 2017, and brought together more than 3,000 leaders from government, business, and civil society, to advance manufacturing and industrial development on a global scale to identify trends and opportunities in technology and innovation.

Source: Emirates News Agency