Latest in Tag: Pharmaceuticals Highlight
Latest in Tag: Pharmaceuticals

Adsero acts as advisor to several deals in pharmaceuticals, education, logistics, and finance
Legal office advises on 4 deals in pharmaceutical sector, one of which exceeds EGP 1bn

Alexandria Pharmaceuticals establishes new disinfectant production lines
The new production lines have been established to meet the growing needs for disinfectant products in the Egyptian market on the back of the novel coronavirus (COVID-19) pandemic.

Pricing policy, ineffective logistics negatively affected sector, says head of pharmaceuticals, cosmetics, and appliances at FDI
The pricing policy which the government applies to set exported Egyptian medication prices is the most detrimental practice to the sector, but that is not all.

Health Ministry moves to increase prices of some drugs against chronic diseases
List of medicines to be announced on Thursday, says spokesperson

Foreign pharmaceuticals reject proposed price hikes
Foreign pharmaceutical companies operating in the Egyptian market met in Dubai last week to discuss the proposals made by the Egyptian Minister of Health Ahmed Emad El-Din to tackle the pricing issue surrounding medication. Emad El-Din had suggested increasing the cost of medication sold in Egypt by 50% of the dollar price hike. He had …

‘Twitter Pharmacy’ gains support amid pharmaceuticals shortage crisis
Health Ministry announces readiness to provide pharmaceuticals to support initiative

Health sector requires $2.6bn annually from foreign exchange: Prime Minister
Pharmaceutical factories must continue to work at full capacity to cover local market and export needs, says Ismail

Metropolitan Egypt provides EGP 260m in financing to 16 companies over 3 months: CEO
Metropolitan Egypt for consultancy has succeeded in providing financing worth EGP 260m to 16 companies over the past three months. The company collaborated with a number of banks and leasing companies operating in the domestic market, according to the CEO of the company Khaled Nagaty. The 16 companies operate in different economic activities, such as …

To the dismay of many, devaluation of Egyptian pound gives way to price increases
The Central Bank of Egypt’s March decision to devaluate the Egyptian pound against the US dollar has caused prices to increase across the board, which includes staples such as tea, rice and cigarettes

Hikma PLC acquires EIMC United Pharmaceuticals
Acquisition will strengthen Hikma’s market presence in Egypt

Investing in constant innovation
Q&A with Wafik Bardissi, Chairman and CEO, Minapharm Pharmaceuticals

Egyptian leader eyes global market
Pharco Pharmaceuticals is making cures accessible and affordable
Pharos holding closes $20m deal for Meivo International
Cairo based Meivo International sells 51% of its stake to Saudi SPIMACO

Healthcare, pharmaceuticals and chemical sector remain under radar
Earning increases drive demand on telecommunications, whilst stable pharmaceuticals prices make it less appealing

Egypt, Arab League trade defies political instability
Trade levels in main sectors with Arab League countries remain stable with minimal fluctuations

Jordan’s drug-maker Hikma estimates 23% full-year revenue growth
Reuters – Jordan’s Hikma Pharmaceuticals Plc said it expects a 23% growth in full-year revenue, up from its prior forecast of about 20%, benefiting from a strong performance in its injectables and generics businesses towards the end of 2013. The London-listed company, which has grown over the past year on the back of a shortage …

Downgrade expected to negatively impact pharmaceutical industry: Experts
Adverse affects on banks following Egypt’s downgraded S&P rating extend to pharmaceuticals
Pharmacists to sue pharmaceutical companies
The Division of Pharmacy Owners (DPO) in the Chamber of Commerce has decided to bring a lawsuit against pharmaceutical companies in the public sector who have cancelled discount rates for advanced payment. The 3% discount rate for advanced payment has been applied for 25 years by agreement between pharmaceutical companies and the DPO. The head …

Pharmaceuticals pricing dilemma continues to escalate
Pharmaceutical companies expect the pharmaceutics conflict to be resolved in their favor

Pharmaceuticals pricing feud lingers
The Ministry of Health is reconsidering the minister’s resolution on the pricing of pharmaceuticals

World Bank to subsidie Egyptian pharmaceutical exports
The International Bank for Reconstruction and Development (IBRD) agreed to subsidise Egyptian pharmaceutical companies so that their products can reach European and American markets
Fake Avastin shows very little protects drug supply
By Bill Berkrot / Reuters NEW YORK: As drug counterfeiters step up their sales of bogus medicines, global health regulators have few protections in place to prevent them from reaching patients, and new laws aimed at addressing the problem could be years away. Scrutiny of the supply chain has grown since fake versions of Roche’s multibillion-dollar …