Health News
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Egypt’s Pharmacy Sector Is in Crisis amid a Pricing Turmoil
The existence of disparate prices for identical medications, rapid surges in prices, and economic hardships for pharmacies have led to the crisis.
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Maxim Investment Group to establish Egypt's 1st medical resort at LE1.5B
The resort will be built on 40 feddans at LE1.5 billion, creating 4,500 jobs. 'Naya Medical Resort' will be developed and operated by MIG in Giza.
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Comprehensive Health Insurance System to cover new governorates by 2024: Finance Minister
The system aims to provide comprehensive and integrated healthcare for all Egyptian families.
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2023: Year of Egypt's achievements in health sector
Beating Hepatitis, the 100 days of health, and free breast cancer medications, 2023 was a great year for Egypt health sector.
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Egypt confirms its first two cases of “JN.1” coronavirus variant
The ministry assured it continues carefully monitoring the epidemiological situation in Egypt.
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Why Egyptians are struggling to find their medicines?
Despite the country’s strategic reserve of pharmaceuticals, some Egyptians, especially those with chronic diseases, are still struggling.
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Egypt's medicine stock covers local demand for 6-12 months: Official
Egypt's strategic stock of medicines is enough to cater to domestic consumption for a period of 6 to 12 months.
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AI medical imaging Market in Egypt soars to $4M in 2022
The report anticipates the market to grow at a compound annual rate of 36.9 percent between 2022 and 2030, reaching $52 million.
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Egypt-Based Healthtech Chefaa Secures $5.25 Million Investment
The investment follows Chefaa’s expansion into the Saudi Arabian market, where it is currently operational in eight cities.
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Egypt eyes $11.5bn as annual medical tourism revenues
Egypt intends to launch an electronic platform to provide tourism services within 3 months.
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EIB, AfDB support launch of African Pharmaceutical Technology Foundation
Africa advanced efforts to develop an independent drug industry after Rwanda agreed to host the African Pharmaceutical Technology Foundation (APTF) .
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APEX Pharma to build EGP 4 bln in factories in Egypt, Saudi Arabia next year
Elba added that the plan involves constructing a new factory in Egypt with an initial investment of over EGP 1 billion.
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Health Minister briefed on ‘smart hospitals’ experience during China visit
The Minister also listened to a detailed explanation from one of the hospital’s officials about the employment program of the hospital.
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Valu and GSK Launch First-of-its-Kind Partnership in the Egyptian Pharmaceutical Industry
Valu and GSK aim to create a more inclusive and equitable healthcare ecosystem, aligning with their shared vision of advancing public health.
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Roche Egypt will host the second edition of the Roche Personalized Healthcare Forum
Personalized Healthcare Forum serves as a platform for presenting advanced solutions developed in collaboration with partners from across the region.
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Cleopatra Hospital Company’s consolidated profits up 30% YoY in 9 months: Egypt
The firm earned EGP 195.263 million in standalone net profits after tax in the January-November period of 2023.
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MEGAMIND negotiates EGP 4bn healthcare digitization project in Egypt
MEGAMIND, a digital healthcare solutions company, is in talks to digitize certain healthcare services in Egypt, with a project valued at EGP 4bn.
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Saudi Batterjee Group announces acquisition plans in Egypt’s pharmaceutical market
The Saudi Batterjee Holding Group has unveiled its plans to acquire a pharmaceutical company listed on the Egyptian Exchange (EGX) within 6 months.
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Egypt: Ibn Sina Pharma to invest over $6mln in 2024
The company’s earnings before interest, taxes, and depreciation (EBITDA) increased by 101% during the first nine months of 2023.
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Saudi Arabia’s Jamjoom Pharma opens new factory in Egypt
The move comes as part of Jamjoom’s expansion plan to open new investment channels.