In 2016
Pharmaceutical sales hit EGP 60 bln
Sales of the pharmaceutical sector in Egypt
Cairo - Emirates Voice
Sales of the pharmaceutical sector in Egypt hit EGP 60 billion in 2016, Mohie Hafez, the head of the health committee at the Egyptian Union for Investors Associations (EUIA), said on Tuesday.
Despite a 13% decrease in drug sales, the sector is expected to generate sales of EGP 65 billions in 2017, he noted.
Speaking at a conference organized by the Pharmaceutical Division of the Federation of Egyptian Chambers of Commerce (FECC), Hafez said Egypt exports medicines to 142 world states.
Total exports of Egypt’s medical sector are ranging between 500 and 550 million dollars annually, he confirmed.
About 154 medicine factories are currently operating in the Egyptian market, he said, adding that 25 companies acquire 85% of the drug market
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Paris - Emiratesvoice
France's Carrefour group said Tuesday it is overhauling its business in a transformation plan involving thousands of job cuts, a product revamp and new partnerships in China. Carrefour, which was the world'sTo partake in Beiteddine Festivals
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Beirut - NNA
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Microsoft to open 4 data centres
Paris - Emiratesvoice
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Taipei - Emiratesvoice
North Korea's figure skaters Ryom Tai-Ok and Kim Ju-Sik are "friendly and kind and a little bit shy", South Korea's Kim Kyueun said Tuesday ahead of their hugely anticipated Olympic appearance. The skater is competing with her partner Alex Kam in theFor $11.6 Bn
Sanofi buys US haemophilia treatment
Paris - Emiratesvoice
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Paris - Emiratesvoice
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