Johnson & Johnson’s pharma arm Janssen Pharmaceuticals Egypt called on Health Minister Ahmed Rady to raise medication prices in accordance with an agreement Rady had reached with pharma companies in January to hike prices in August, Al Borsa reports. Pharma companies have been lobbying for several months to increase prices following fuel price hikes, particularly as Rady had promised to look into a second hike following the January increase.
More from Enterprise
Banks threaten to look beyond London as windfall tax talk grows
International lenders say more tax could tip the balance as…
Granite is about to test whether Egypt’s funds still need administrators
The asset manager and blockchain builder Tarmiiz have entered the…
Gulf stock exchanges are growing in importance, but they’re still a long way from becoming capital market hubs -Fitch
The diagnosis lands in a year when UAE and Saudi…
Egyptian-UK fintech Zeal raises USD 10 mn to back expansion plans
The London-based, Egyptian-founded fintech is preparing to activate its loyalty…