Talk:Dubai Science Park

Here's some behind the scenes background on this project's inception: My name is Pete Karaiskos. Dubiotech was literally my idea. It was conceived by me under the name Biotech City Dubai. This all came about in a very strange way. A friend was visiting Dubai, trying to promote a new medical diagnostic/treatment device based on magnetic resonance technology. He intended to place some clinics in Dubai. Dubai, at the time, had a building development going on called Internet City. My friend, ended up having a brief audience with someone in the royal family of Dubai and sold him on the idea that the future is not in the "internet" but rather in "biotech". He said they should be developing a Biotech City. He was asked to produce a business plan. While he remained in Dubai, he contracted me to produce a business model for a new type of development - Biotech City Dubai - which later became known as Dubiotech.

I spent the next several months preparing a business plan for Biotech City Dubai. I built the city around a campus setting. The concept was simple. Here's the original mission statement in my business plan (from 2001) "The creation of a research city where the worlds best physicians, scientists and researchers are free to use biotechnology in the creation of new treatments and technologies free of limiting political and financial interests, and where the creation of these new biotechnologies are encouraged, envisioned, developed and made available quickly and safely for the benefit of mankind."

And here is the concept in a nutshell (again, from my business plan):

"Besides the direct medical and health benefits to mankind, many new technologies will be developed among which are technologies for water purification and the safe and increased production of food. These technologies can be brought into practical use alleviating starvation around the world.  Many beneficial engineering technologies will develop here as well, among them bio-robotics and nanorobotics, prosthetics, fuel sciences and bio-organisms that aid in oil spill control, advanced medical diagnostic equipment, advanced bio-photographic and imaging technologies, therapeutic technologies and advanced sports and safety equipment. Biotech City Dubai will also be the world leader in the development and manufacture of high-tech medical and surgical equipment.

As scientific breakthroughs evolve into new consumer products, a substantial manufacturing base will develop in Biotech City Dubai. This manufacturing base will not only be able to support itself, but it will continually infuse capitol into the research and development of new products. It will be a self-perpetuating system that promotes product development and lessens Dubai's dependence on oil as its main national product."

Dubiotech was conceived by me, Pete Karaiskos. —Preceding unsigned comment added by 76.91.172.163 (talk) 17:02, 29 January 2011 (UTC)