Fawry for Banking Technology and Electronic Payment entered into a strategic partnership with PharmaOverseas to foster the pharmaceutical distribution sector in Egypt

Ibnsina Pharma has ranked first among pharmaceutical distribution companies in Egypt for the second consecutive year

El-Nile Company for Pharmaceuticals and Chemical Industries (NIPH) logged 30.6% year-on-year (YoY) lower net profits after tax in the first half (H1) of fiscal year (FY) 2024/25

The Egyptian Drug Authority (EDA) is considering cooperation with Saudi Arabia’s Ministry of Industry and Mineral Resources in localizing active pharmaceutical ingredients, with the aim of strengthening economic ties and supporting shared strategic goals.

An Egyptian alliance is seeking to establish a company for manufacturing active pharmaceutical ingredients (APIs).

The US Ambassador to Egypt Herro Mustafa stated that Egypt's healthcare sector offers promising investment opportunities valued between $30 billion and $40 billion in hospital infrastructure by 2025.

Vernbro Global Investment is planning to complete the construction of a pharmaceutical factory in Beni Suef within a year, with investments of EGP 1 billion.

Boehringer Ingelheim, a leading research-driven biopharmaceutical company, hosted a dedicated event on October 11th and 12th at the Dusit Thani LakeView in Cairo to enhance outcomes for patients living with cardiovascular, renal, and metabolic (CRM) diseases.

Egypt exported $1 billion worth of pharmaceuticals in 2023, targeting to increase these exports to reach $1.5 billion in 2024, $2 billion within two years, and $3 billion before 2030, Prime Minister Mostafa Madbouly stated.

The 11th edition of Pharmaconex, Africa’s leading pharmaceutical manufacturing event, began on September 8th at the Egypt International Exhibition Center.

The Tenth of Ramadan for Pharmaceuticals Industries and Diagnostic Reagents (Rameda) has established a new subsidiary, Glow, that will specialize in producing freely priced cosmetics and cosmeceuticals.

Egypt has provided 85% of the unavailable medicines so far.

The Federation of Egyptian Industries’ (FEI) pharmaceutical division is seeking exemption from customs duties on ineffective pharmaceutical materials.

Egypt will host the 11th edition of Pharmaconex, Africa’s leading pharmaceutical manufacturing hub, from September 8th to 10th.

This factsheet explores the current medication shortage in Egypt, providing an overview of the pharmaceutical industry’s key characteristics as well as its global and regional standing across various dimensions.

Minister of Investment and Foreign Trade Hassan El Khatib, met with a delegation from General Electric Healthcare to review the company's current and future investments in Egypt.

The Egyptian government is expected to raise the prices of 1,600 pharmaceutical products from September until the end of 2025.

The Tenth of Ramadan for Pharmaceuticals Industries and Diagnostic Reagents (Rameda) is planning to increase its export revenue share to 20% within the next five years, up from the current 12%.