Health Ministry launches pharma fund that will supposedly help keep local meds prices low

The Health Ministry is looking to collect EGP 4 bn for a new pharma fund that will aim to cover at least a portion of Egypt’s needs of imported meds that don’t have a locally-manufactured alternative, Al Borsa reports. The fund will fall under Health Ministry jurisdiction and rely solely on donations from individuals and local and foreign governmental and non-governmental institutions, according to Al Mal.