Pharmaceuticals News
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Memphis Pharma studies $6.1mln machinery purchase, clarifies position on land plot
In the first half (H1) of fiscal year (FY) 2025/2026, Memphis Pharmaceutical achieved 5% year-on-year (YoY) higher net profits.
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Admaius scores quick exit as PE deal flow picks up, selling Parkville to Adenia Partners
Admaius Managing Partner Marlon Chigwende noted that “the USD returns to our investors are very attractive.”
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EBRD backs Ibnsina Pharma with $42mn green logistics loan in Egypt
Under the agreement, the EBRD financing will cover green capital expenditure upgrades, supported by technical advisory services from the bank.
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Why India is backing Egypt’s drug ambitions
The partnership brings together Indian manufacturing scale and know-how with Egypt’s growing domestic market and regional reach.
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Investment minister, Swiss ambassador discuss deepening economic, investment ties
Egypt and Switzerland prepare for an economic forum to deepen trade ties, focusing on manufacturing, pharma, textiles, and engineering sectors.
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Djibouti procurement chief plans Egypt visit to explore pharmaceutical, industrial imports
The head of Djibouti’s procurement authority is planning an official visit to Egypt to tour pharmaceutical factories.
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Ministry of Health issues critical warning on drugs that can lead to jail abroad
This warning comes because these medications are included in the international monitoring schedules of the World Health Organization and Interpol.
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Egypt Expands Local Production of Polio & Rabies Vaccines
VACSERA plans full local production of the rabies vaccine next year after producing three batches, with national need at 5 million doses annually.
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Industry ministry allocates 185,000 sqm for new industrial projects in 16 governorates
Industry Ministry allocates 185,000 sqm across 100 plots in 16 governorates for food, pharma, textiles, and engineering projects via digital platform.
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Egyptian Drug Authority outlines strategy to localize pharma manufacturing
A key focus of the meeting was the EDA’s vision for modernizing the pharmaceutical system and aligning with international standards.
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Egypt’s drug shortage exposes deeper cracks in the pharmaceutical sector
The crisis threatens to deepen unless a compromise is reached between manufacturers, regulators, and importers.
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Egypt signs vaccine production agreement with UAE’s Al Qalaa, China’s Red Flag
The partnership aims to position Egypt as a regional hub for vaccine manufacturing and exports—particularly to African and Arab markets.
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Egypt and Zambia move to establish joint pharmaceutical plant
Egypt received a high-level delegation from Zambia to discuss the practical steps for the project.
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Egypt leads Africa’s pharmaceutical sector with largest market
Egypt’s pharmaceutical exports currently reach more than 150 countries worldwide and have expanded into new markets in Africa and the Arab world.
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Egypt’s pharmaceutical market hits EGP 309bn in 2024, marking 43% growth
A key highlight of the meeting was the EDA’s continued success in gaining international accreditation.
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Egypt eyes pharmaceutical self-reliance with $80 million local production push
This initiative is part of a broader national strategy to reduce Egypt’s dependency on imported medications.
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Egypt's signs deal to export drugs to N.America, Europe
Egypt’s state-owned Holding Company for Pharmaceuticals (HoldiPharma) has signed a partnership with US-based Dawah Pharma.
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Gypto Pharma and Dua Pharmaceuticals Forge Strategic Alliance to Advance Egypt’s Global Pharma Ambitions
The collaboration is designed to strengthen local manufacturing capabilities and help Gypto Pharma obtain accreditation from FDA.
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Egypt, Morocco Receive Support for Regional Biomanufacturing Center
Morocco frequently expressed commitment to continue to support CDC Africa and its goals to cover 60% of Africa's vaccine needs.
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Accelerating work to transform Egypt into regional hub for pharmaceuticals
The drug industry has received due share of the state drive to become a regional industrial hub.