Latest in Tag: pharmaceutical Highlight

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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, …

Daily News Egypt

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 …

Daily News Egypt

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 …

Mohamed Ahmed

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.

Deutsche Welle

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 …

Deutsche Welle

Pharmaceutical companies, particularly regional and multinational ones, argue that the worldwide rising prices of medicinal drugs, which are imported using US dollars (Photo - AFP)

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 …

Deutsche Welle

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