Pharmaceuticals News
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Egypt to locally produces insulin pens for the first time
Approximately 15 percent of Egyptians suffer from diabetes, which makes the provision of local insulin an urgent necessity to meet the needs.
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Egypt targets diabetes with homegrown Insulin
This initiative marks a critical step toward achieving self-sufficiency in drug production and addressing the growing needs of diabetic populations.
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Pharmaceuticals and food sectors key focus of Saudi ministers’ Egypt trip
Alkhorayef met with senior Egyptian officials and major private sector leaders to highlight Saudi Arabia’s competitive investment environment.
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Egyptian government dues owed to pharma firms hit EGP 50 bn
The pharma sector is set to implement phased price hikes affecting around 100 drugs per month.
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LE10B allocation for dues owed to pharmaceutical companies by Egypt
This initiative aims to enhance medicine availability in the market and stabilize the pharmaceutical industry.
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Rameda records 22.17% YoY consolidated profit hike in 9 months
Revenue jumped to EGP 1.784 billion in January-September from EGP 1.388 million in the year-ago period.
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Egypt, Azerbaijan forge stronger economic ties in pharmaceuticals
Madbouly expressed Egypt’s goal to deepen trade and investment exchanges and broaden cooperation in key sectors.
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Egypt to establish pharmaceutical industry zone in Suez Canal Economic Zone
The Suez Canal Economic Zone (SCZone) will establish a dedicated pharmaceutical industry zone covering an area of four million square metres (m²).
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Japanese Otsuka to build 1st health supplements factory in Egypt
Japanese Otsuka Pharmaceutical will build the first factory in the Middle East to produce healthy supplements in the 10th of Ramadan city in Egypt.
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5 key facts about Egypt’s first biopharmaceuticals factory
Egypt is set to launch the Middle East’s first biopharmaceutical factory in early 2025, marking a major step in local healthcare production.
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1st biopharmaceuticals factory in ME to start operation in Egypt in 2025
Ghorab said that the factory, which is a 100 percent local investment, will provide all kinds of biopharmaceuticals.
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Gambia aims for cooperation with Egypt on pharmaceuticals, fisheries
Ambassador Aref gave an overview of the leap achieved by Egypt in the pharmaceutical industry, affirming readiness for bilateral cooperation.
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Egypt’s EDA fills 95% of medicine shortage so far
The announcement was made during a meeting chaired by the Prime Minister Mostafa Madbouly to follow up on the availability of medicines.
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Health min. in talks with Roche Egypt over localising drug manufacture
The meeting comes as part of the health ministry’s effort to strengthen the domestic drug industry and encourage investments in this vital sector.
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Egypt exports $1bln pharmaceuticals in 2023
Madbouly revealed that out of every 100 medicine packages consumed in Egypt, 91 ones that are produced locally.
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AstraZeneca Recognized as the First Company in Egypt to Achieve the Best Place to Work for Working Parents
AstraZeneca Egypt worked on creating a workplace environment that is conducive to both professional success and personal well-being.
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Egypt's battle against medicine shortages
Egypt has been implementing a series of measures aimed at stabilizing the market and ensuring the availability of essential medicines.
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Egypt works to ease drug shortages within weeks: Official
The government has made strenuous efforts during the past months to make medicines available by facilitating the customs clearance of these medicines.
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Egypt to disburse LE 10B to stabilize pharmaceutical market and prices
Pharmaceutical prices are expected to rise by 25-30 percent in the coming months due to ongoing price increase requests from companies.
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Egypt likely to raise prices of 1,600 pharmaceutical products
The authority could approve increasing the prices of around 600 products within the fourth quarter of this year.