Pharmaceuticals News
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Chinese pharmaceutical companies explore market in Africa, Middle East at Cairo expo
Dozens of Chinese pharmaceutical companies have participated in Pharmaconex 2023, an ongoing international pharma exhibition held in Cairo.
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Egypt Set to Host 10th Pharmaconex Next Week
The three-day event will be organised by Informa Markets Egypt and is expected to bring together 6,000 visitors.
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Minapharm Pharmaceuticals’ consolidated profits drop 48.02% YoY in H1: Egypt
Minapharm Pharmaceuticals is an Egypt-based company engaged in the production and distribution of pharmaceutical products.
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SK Biopharmaceuticals signs license deal to introduce its epilepsy med in the Middle East, Africa
Cenobamate is a medication for partial-onset seizures in adults. It is currently sold under the brand name Xcopri in the US and Ontozry in Europe.
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Egypt: Rx Healthcare considers acquiring a pharmaceutical company
Rx Healthcare Management is especially scouting for highly promising opportunities in different generic pharma segments in Egypt and the GCC.
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Nile Pharma’s profits jump 32.7% YoY in FY 2022/23
Nile Pharma manufactures and markets pharmaceuticals, various types of medical materials, chemical products, and cosmetic.
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Minapharm’s H1 standalone profit declines 46.7% YoY
Minapharm Pharmaceuticals is an Egypt-based company engaged in the production and distribution of pharmaceutical products.
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October Pharma’s profits rise 9.9% YoY in H1: Egypt
Net sales surged to EGP 441.226 million in H1 2023, from EGP 359.825 million in H1 2022.
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Egypt’s medical exports amount to $1B
The Egyptian medicine is becoming increasingly positive, thanks to its following the best international standards in good manufacturing.
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Egyptian pharma startup Grinta acquires counterpart Auto-Cure to expand footprint
Grinta is a managed marketplace that modernises the pharmaceutical supply chain by empowering independent pharmacies.
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Egypt delivers 1st shipment of pharmaceuticals to Zimbabwe
This came within the framework of the memorandum of understanding (MoU) signed between the EDA and the Medicines Control Authority of Zimbabwe.
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Ibnsina Pharma tops Egypt’s drug distributors in H1 with market share of 24%
In June, the company topped the list of drug distribution companies in Egypt, with a market share of 25.31%.
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Egyptian prime minister cabinet grants the golden license to Gennvax Egypt
And a facility to locally manufacture all kinds of vaccines and export them to the African continent from Egypt.
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GC Biopharma Corp. Obtains Egyptian Product Approval for Influenza Vaccine ‘GC Flu’
GC Biopharma Corp. announced on July 18 that its quadrivalent influenza vaccine “GCFLU Quadrivalent Pre-filled syringe inj.” has received approval.
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GC Biopharma wins approval for quadrivalent flu vaccine in Egypt
This is the first approval for this product in the African continent. Egypt is one of the countries with the largest pharmaceutical markets in Africa.
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Alexandria for Pharmaceuticals’ profits up 20% in 11 months: Egypt
Revenues came in at EGP 1.416 billion from July 2022 through May 2023.
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Ibnsina Pharma tops Egypt’s drug distributers with market share of 24%
It is worthy to mention that Ibnsina Pharma previously reported a 22.18% year-on-year (YoY) increase.
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Egypt’s medical supplies, medicines surge 14% in 1H 2023
The Council seeks to increasemedical exports by 30% annually, in accordance with the Egyptian state’s plans to grow total exports to $100bn.
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Egyptian startups to digitally transform pharmacies
Also stationed in Cairo, financial service Paymob was founded in 2015 and has 40 payment methods available for businesses to choose from.
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What happened in the Egyptian health industry in the last 100 days
Egypt's health industry has seen significant strides in various fields, showcasing a remarkable growth trajectory for further development.