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Pharmaceuticals news

Export Growth And Import Substitution To Narrow Egypt's Pharmaceutical Trade Deficit

While import contraction signals growing self-sufficiency, currency depreciation and rising input costs are creating near-term margin pressures.

With particular emphasis on localising the manufacture of biologic medicines to strengthen drug security and reduce reliance on imports.

The meeting also discussed the fund’s financial position and reviewed its draft budget for the 2026/2027 fiscal year.

South Africa wants to begin automotive manufacturing in Egypt and take advantage of the country’s Egyptian Automotive Industry.

The memorandum also includes cooperation in training programs and workforce development to strengthen regulatory capabilities.

Events

EgyMedica 07.10.2026

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