No.1 Healthcare & Pharma Industry Magazine for Middle East & Africa
UAE – Swiss pharmaceutical company Acino has expanded its market presence in the Middle East after completing its acquisition of Abu Dhabi’s ADQ-owned Pharmax Pharmaceuticals. The successful combination of Acino…
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EGYPT – SEDICO Pharmaceutical has officially started operations at its new US$32 million (EGP 1 billion) oncology drugs factory in Giza, Egypt, to develop and produce cancer drugs. Located in…
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SAUDI ARABIA – Nahdi Medical Company, Saudi Arabia’s pharmaceutical retailer and healthcare company, reported SAR 888 million (US$236.40 million) in net profit for the fiscal year 2022. Nahdi reported a…
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INDIA – Indian pharma giant Dr. Reddy’s Laboratories has agreed to sell certain non-core brands of the company in the dermatology segments to Eris Lifesciences Limited in a deal worth…
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SOUTH AFRICA – Pharmaceutical manufacturer Adcock Ingram is pursuing potential acquisitions to expand its range of products that are not subject to government price controls. This comes as the company…
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EGYPT – Swiss multinational biotech giant Roche Pharma has signed a three-year strategic partnership agreement with the American University in Cairo (AUC) to empower patient organizations in Egypt. The agreement…
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AFRICA – The United Nations Office on Drugs and Crime has reported that fake medicines kill almost 500,000 sub-Saharan Africans a year. The report ‘Trafficking in Medical Products in the…
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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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KENYA – The United Nations Population Fund (UNFPA) has donated KSh500 million (US$3.96m) worth of contraceptives and reproductive health supplies donated to the Kenya Medical Supplies Authority (KEMSA). Women living…
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EGYPT – El-Ezaby Pharmacies, Egypt’s uncontested leading provider of health and personal care products Pharmacies, has announced its plans to launch additional branches across several governorates by the end of…
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