No.1 Healthcare & Pharma Industry Magazine for Middle East & Africa
SAUDI ARABIA – King Abdullah Economic City (KAEC) and Dr. Sulaiman Al Habib Medical Group (HMG) have signed a health cooperation agreement. Under the terms of the framework agreement, HMG…
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AFRICA – Reckitt, a multinational consumer goods company and the Health Innovation and Investment Exchange (HIEx), in partnership with the Kofi Annan Foundation and the Eco Bank Foundation, have launched…
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SAUDI ARABIA – Saudi Chemical Company Holding (SCCH) and its subsidiary AJA Pharma have signed an exclusive partnership agreement with Aspen Healthcare, a subsidiary of Aspen Pharmacare Holdings Limited. SJSC,…
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SOUTH AFRICA – Kiara Health Limited has secured funding of growth and replacement capital from Tamela Capital Partners to buy out the remaining 49% of shares in Pharamafrique Limited from…
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ITALY — Intesa Sanpaolo, Italy’s largest bank is set to acquire the remaining 26.2% stake of healthcare insurer Intesa Sanpaolo RBM Salute for 360 million euros (US$382 million) in cash.…
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SOUTH AFRICA – Life Healthcare Group Holdings has appointed Barclays and Goldman Sachs to evaluating a proposal it has received for its UK-based Alliance Medical Group (AMG business). AMG is…
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INDIA – Dr. Reddy’s Laboratories has struck a deal to buy the generic prescription product portfolio of Mayne Pharma Group Limited in the United States for up to US$150 million.…
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SOUTH AFRICA – Envisionit Deep AI, a South African healthtech startup, has raised US$1.65 million (R30.2m) from New GX Ventures SA with an additional undisclosed raise from the GIIG Africa…
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UAE – Middle East-based luxury goods retailer Chalhoub Group and French certified-organic skincare brand, PATYKA, have established a strategic joint venture (JV) agreement to expand into the retail pharmacy sector.…
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NIGERIA – Famasi, a Nigerian e-health startup that began as a medicine management service but has since broadened its mission to include creating pharmacy infrastructure to grow digital health, has…
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