Latest in Tag: Ibnsina Pharma Highlight
Latest in Tag: Ibnsina Pharma

Ibnsina Pharma studies acquisition opportunities in healthcare, logistics sectors
Company aims to conclude deal in hospital sector within two months: Sources

Ibnsina Pharma establishes new firm to invest EGP 440m in logistics services
Ramp has logistics areas in two locations serving Ibnsina Pharma customers

Egypt’s General Healthcare Authority, Ibnsina Pharma sign digitalisation cooperation protocol
These services are available in hospitals and health centres that serve the country’s universal healthcare programme.

Ibnsina Pharma, banks partner to offer microfinance services to pharmacies
Company to launch 2nd version of its mobile application, introducing new features such as online payments, during H1 of 2021

Bayer, Ibnsina Pharma sign importation, distribution partnership in Egypt
Partnership will give patients across Egypt unprecedented access to latest pharmaceutical treatments available: Ibnsina Pharma Chairperson

Ibnsina Pharma acquires 75% of 3elagi platform as part of digital transformation
The step is considered the second of Ibnsina Pharma’s digital transformation plan, following the launch of its online ordering application last July.

Ibnsina Pharma to invest up to EGP 300m, open four branches annually
Ibnsina Pharma achieved profits amounting to EGP 328.77m in the full year 2019 compared to EGP 262.5m in the previous full year.

Ibnsina Pharma achieves EGP 3.7bn net revenues in 1Q19
The company posted gross profit of EGP 292.7m and gross profit margin of 7.85% in 1Q19, up approximately 0.4 percentage points from 7.49% in 1Q18.

Ibnsina Pharma’s net revenues increase 39% y-o-y to EGP 13.3bn in 2018
Ibnsina Pharma, Egypt’s fastest-growing and the second-largest pharmaceutical distributor, succeeded in increasing its net revenues by 39% year-on-year (y-o-y) to reach EGP 13.3bn, in 2018, according to the company’s audited results which were announced on Sunday. Ibnsina’s gross profit for the period grew by 36% y-o-y to reach EGP 1.1bn in 2018, yielding a gross …

Ibnsina Pharma net revenues rise 51.1% y-o-y to EGP 2.9bn in Q1 2018
Ibnsina Pharma achieved net revenues of EGP 2.9bn, up 51.1% year-over-year in the first quarter of 2018, the company announced on Monday. The company’s earnings before interest, taxes, depreciation, and amortisation (EBITDA) recorded a 69.4% year-over-year increase to reach EGP 92.3m in Q1 2018. Meanwhile, the net profit registered at EGP 28m in Q1 2018, …

Ibnsina Pharma targets 26% market share as it plans expansion
Company working in full swing to develop its distribution network

Ibnsina Pharma signs contracts with Novo Nordisk to distribute products in Egypt
Companies signed two contracts authorising Ibnsina Pharma to distribute 20+ stock-keeping units of life-saving diabetes care, among other products Ibnsina Pharma, Egypt’s fastest-growing and second-largest pharmaceutical distributor, has signed two contracts with Novo Nordisk, leading manufacturer of insulin and haemophilia treatment, to distribute over 20 stock-keeping units of its diabetes care, haemophilia, and growth disorder …

Ibnsina Pharma starts trading on EGX amid investor interest
Company accounted for 24% of Tuesday’s turnover, stock up 3.54%

Ibnsina Pharma set final IPO price at EGP 5.8 per share
The IPO has been oversubscribed 17.1 times through more than 500 institutions and individuals

Ibnsina Pharma starts IPO of 25% of capital
Beltone Financial will take over the initial public offerings of the company’s shares