Egypt to acquire tens of thousands of anti-COVID-19 drugs by end of January 2022

Thu, 06 Jan 2022 - 09:36 GMT

The recovery rate from the coronavirus (COVID-19) at Egyptian isolation hospitals has reached 83.3 percent.

Egypt's Pharmaceuticals Section launches initiative to up exports to a billion dollars within 10 years

Fri, 28 May 2021 - 11:14 GMT

EGYMEDICA is the official exhibition in Egypt for the procurement of all medical needs in the governmental sector and the private sector.

Egypt's president inaugurates Gypto Pharma City, gets briefed on pharmaceuticals status

Thu, 01 Apr 2021 - 10:00 GMT

The city consists of plants that manufacture sterilized medicines, non-sterilized medicines, solid medicines, cancer treatment products, and medical equipment.

GAFI, EDA probe upgrading pharmaceutical, medical supplies' industries

Thu, 02 Jul 2020 - 11:42 GMT

The meeting also tackled putting into effect all measures required to forge ahead with developing and shoring up local production of medical equipment.

80% of medications in Egypt manufactured locally: minister

Sat, 16 Nov 2019 - 03:20 GMT

Only 20 percent are imported.

Gov’t launches initiative against drug, medication errors

Sun, 18 Aug 2019 - 03:39 GMT

The Drug Information Center launched the initiative to preserve patients’ health and rationalize the consumption of medicines.

Egypt ranks 35th among 233 countries in academic research

Sun, 02 Jun 2019 - 03:18 GMT

Egypt rose three places compared with the previous year, according to the SCImago Journal & Country Rank.

Egypt targets to quadruple exports in 5 years

Tue, 28 May 2019 - 08:40 GMT

In FY2017/2018, Egypt achieved a 12.7 percent growth in non-oil exports to record $12.7 billion from $15 billion in the previous fiscal year.

The Critical Status of Egypt’s R&D

Sun, 19 May 2019 - 01:21 GMT

An in-depth look at research and development across various industrial sectors in Egypt.

Magdy Yacoub Heart Foundation to operate in New Capital

Sun, 28 Oct 2018 - 01:58 GMT

Dr. Magdy Yacoub told media that his charity foundation has gained excellent reputation globally.

Dubai-based private equity business launches $250M healthcare fund

Thu, 28 Dec 2017 - 02:58 GMT

TVM Capital Healthcare Partners, a Dubai-based private equity business, has launched a $250 million fund to invest in areas.

Ibnsina Pharma receives LE 22.5B in initial offerings

Tue, 05 Dec 2017 - 01:38 GMT

The first trading day of Ibn Sina shares will be December 12.

Egypt announces over 4,100 industrial opportunities

Tue, 31 Oct 2017 - 11:12 GMT

The industrial investment map, launched Tuesday, included 4,136 opportunities in eight sectors, Minister of Industry Tarek Kabil said in a press conference.

AstraZeneca CEO, worried by Brexit, not signing UK govt letter

Sat, 09 Sep 2017 - 04:36 GMT

AstraZeneca Chief Executive Pascal Soriot, said that lack of progress in negotiations made it impossible for him to sign a public letter of support for the British government’s strategy.

Fujifilm says aims to spend $4.5B on M&A over three years

Wed, 30 Aug 2017 - 08:41 GMT

Fujifilm Holdings Corp (4901.T) said it aimed to spend 500 billion yen ($4.54 billion) in strategic acquisitions over three years as it seeks growth outsid.

U.S. pharmaceutical firms to extend investments in Egypt

Fri, 18 Aug 2017 - 01:03 GMT

The U.S. Chamber of Commerce expressed its support for the expansions of the U.S. firms in Egypt.

Industrial sector growth climbs 4.7%: Minister

Wed, 21 Jun 2017 - 11:23 GMT

The industrial growth rate hiked 4.7 percent in the first nine months of fiscal year 2016/2017.

2 pharmaceutical companies to inject $128M in Egyptian market

Wed, 31 May 2017 - 09:48 GMT

Sahar Nasr mulled with representatives of two international pharmaceutical companies working in Egypt the injection of $128 million investments within the coming period.

Head of government-owned medical company arrested over embezzlement charges

Tue, 02 May 2017 - 08:18 GMT

The head of sales and marketing sector at a government-owned medical company were arrested for misappropriating drugs worth 9.5 million EGP ($524K), according to a Monday statement by the Ministry of Interior.

Grim Prognosis

Mon, 03 Apr 2017 - 02:00 GMT

A post-float surge in the price of pharmaceutical components has left patients scrambling for medications that they simply cannot afford.