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Deal by Design
Welcome to this edition of Law Update, focusing on the evolving M&A landscape across the MENA region. With deal activity and value continuing to grow, the region is seeing increased investor interest alongside a changing regulatory environment.
This edition explores key legal and market developments affecting M&A transactions, including regulatory reforms, foreign investment, governance, due diligence and deal structuring across the region.
The UAE has introduced Federal Law No. 38 of 2024, replacing Federal Law No. 8 of 2019 concerning medical products, pharmacists, and pharmaceutical establishments. The new legislation came into force on the 2nd of January, 2025 and implements significant reforms to the regulation of medical products and pharmaceutical practices, with a focus on enhanced safety, stricter compliance, and modernised regulatory frameworks.
Key Provisions:
Implications for Stakeholders:
| Comparative Analysis: Federal Law No. 8 of 2019 vs. Federal Law No. 38 of 2024 | ||||||||||||||||||||||||||||||||
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Conclusion:
Federal Law No. 38 of 2024 introduces a modernised regulatory landscape for the UAE’s pharmaceutical sector, enhancing consumer protection, regulatory efficiency, and innovation incentives. Stakeholders should review internal compliance policies to align with the new provisions and engage proactively with the EDE to ensure continued market access and regulatory adherence.
For further information or specific legal guidance, please feel free to contact our healthcare practice group team members Andrea Tithecott (A.Tithecott@tamimi.com) or Christina Sochacki (C.Sochacki@tamimi.com)
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