Latest in Tag: pharmaceutical Highlight
Latest in Tag: pharmaceutical
Egypt produces 85% of its pharmaceutical needs: FEDCOC
Egypt produces about 85% of its pharmaceutical needs locally, and imports only 15% from abroad, according to Ali Auf, Head of the General Division of Drug Traders at the Federation of Egyptian Chambers of Commerce (FEDCOC). Auf added that manufacturing what Egypt imports locally requires extensive technology and has special specifications, which are not currently available in the country. He elaborated that oncological drugs cost about EGP 200,000per patient, …
Egypt pharmaceutical sales increase 14% y-o-y to EGP 7.7bn in September
For the first nine months (9M) of 2020, total pharmaceutical sales sales for the private segment grew by 1.9% y-o-y, amounting to EGP 58.3bn
Egypt sees 3.4% y-o-y increase in pharmaceutical sales during August
The latest figures reflect a growth of 3.4% year-on-year (y-o-y) and 2.3% quarter-on-quarter (q-o-q) during the month.
EDA introduces incentives to support pharmaceutical exports
New system enables pharmaceutical producers to export drugs before registering them with EDA
Egypt pharmaceutical sales steadily increase 4.9% in July to EGP 6.648bn
For the first seven months (7M) of 2020, total sales grew marginally by 0.04% y-o-y, amounting to EGP 43.8bn.
Egyptian expats have an appetite for investment in tourism, pharmaceutical, education sectors: Ayman Soliman
Every EGP 1 injected into The Sovereign Fund of Egypt brings 10-fold from investors
International pharmaceutical companies announce expansions plans in Egypt
Companies’ representatives praise MIIC, Ministry of Health’ efforts to remove any obstacles
Egypt’s Deputy Health Minister, Indian ambassador inaugurate Indian pavilion at Pharmaconex
Tamer Essam, the deputy Egyptian Health Minister, along with the Indian Ambassador to Egypt, Rahul Kulshreshth, and representatives from the Pharmaceutical Export Promotion Council of India (Pharmexcil) inaugurated the Indian pavilion at the Pharmaconex 2019 edition. The exhibition is held at the Egypt International Exhibition Center (EIEC) from 6-8 April. A delegation of Pharmexcil, comprising …
Takeda Pharmaceutical company concludes first Hodgkin lymphoma regional summit
Takeda Pharmaceutical Company held two meetings for scientific exchange and sharing experiences in relation to Hodgkin Lymphoma.
Japanese Saraya to establish $10m worth cosmetics, pharmaceutical complex in Ain Sokhna
Egypt will be major manufacturing, marketing hub for his company’s products at regional, continental levels, says Saraya president
American “Gilead Sciences” considers producing new Hepatitis C drug in Egypt
The new drug’s cure rate is 98%, and treatment period is two months: company’s director in Africa
Nasr heads Egyptian-Kazakh ministerial committee, signs cooperation protocol
Kazakhstan to support Egypt in negotiations to establish a free trade zone between Egypt and EAEU, establish joint projects
Military production ministry considers more cooperation with private sector
The ministry aims to benefit from the success of military cooperation with France to launch joint civil projects, especially in the electronics sector, says Al-Assar
Pharmaceutical companies prohibited from effacing old prices of products, companies approve
FEDCOC against the decision, will file grievance against CAPA
Banks, pharmaceutical shares expected to attract investors in 2017
The flotation of the Egyptian pound will play an influential role in determining the attractiveness of shares for investors during 2017, especially after the price of the US dollar increased to more than EGP 19, which will affect companies’ activities and their ability to make a profit. Financial and technical analysts expect that the most …
Health Ministry, pharmaceutical companies agree to increase prices of 15% of local, 20% of imported medications
The increases will be 50% on medications priced less than EGP 50, 40% on the ones less than EGP 100, and 30% on the ones priced more than EGP 100 every six months
Government meets foreign pharmaceutical company representatives to overcome medicine shortage
Companies demand government’s support in wake of higher production costs after pound’s flotation
Bayer profits soar on strong pharma business
German pharmaceutical giant Bayer has reported strong earnings and sales for the third quarter on higher demand for prescription drugs.
Bayer ups its cash offer for Monsanto
The German pharmaceutical giant has sweetened its buyout deal for Monsanto, which turned down an earlier offer. Bayer has added three dollars more per share, and it has its cash ready if the massive deal is accepted.
Mexico approves first dengue fever vaccine
Mexico is the first country to give the go ahead for 40,000 people to receive a new vaccine to prevent the deadly disease. Twenty-two thousand people die from dengue fever every year. Mexican health authorities gave French pharmaceutical giant Sanofi approval on Wednesday to sell its breakthrough anti-dengue fever vaccine in the country. Health officials …
Bayer profits jump in second quarter
German pharmaceutical giant Bayer has posted a surprising jump in net profit for the second quarter, lifted by strong currency effects and gains in its health care, specialty plastics and agricultural chemicals sectors. Bayer on Wednesday logged a 21 percent on-the-year rise in net profit in the second quarter of 2015. The gains brought the …
Pharmaceutical drugs decreasing cholesterol cause muscle pain
These drugs are highly effective as they inhibit cholesterol in the liver.
Egypt closes deal with Gilead Sciences for Hepatitis C drug at 99% discount
Around 170,000 doses of Hepatitis C medicine will be available for Egyptian patients late September
Pharmaceutical leader calls for hike in drug prices
Novartis’s vice-president also called for the Ministry of Health to formulate a clear system to guarantee the delivery of modern and innovative drugs as quickly as possible and at the appropriate prices.
Egyptian medical products to be high priority in Lebanese market
Lebanese authorities would now begin giving high priority to Egyptian products entering the Lebanese market.