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Article: EGYPT: PHARMACEUTICALS PRODUCTION VALUED.(Egyptian Holding Company for Pharmaceuticals, Chemicals and Medical Appliances)(Brief Article)
- Article from:
- IPR Strategic Business Information Database
- Article date:
- August 9, 2004
CopyrightCOPYRIGHT 2004 Info-Prod (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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According to Al-sharq Al-Awsat newspaper (August 9, 2004), a senior executive at the Egyptian Holding Company for Pharmaceuticals, Chemicals and Medical Appliances estimated the value of the total pharmaceuticals production in Egypt in fiscal year 2003/2004, which ended in the middle of the current year, at EP 6 billion ($970 million). The same executive added that this production level satisfies 93% of the total local consumption of pharmaceuticals. He added that 63 pharmaceutical manufacturing factories are currently operating in Egypt. The Holding Company for Pharmaceuticals, Chemicals and Medical Appliances is an Egyptian stock holding company ...