Healthcare systems provider Sysmex sets up shop in Egypt

INVESTMENT WATCH- Japanese laboratory equipment giant Sysmex has set up shop in Egypt, according to a press release. Sysmex, a top-three supplier to domestic companies including International Diagnostics Holdings, specializes in the manufacture and sale of laboratory testing and laboratory equipment, computer systems and software for medical facilities, and healthcare information systems. Sysmex’s Egypt general manager says the Cairo office, its first branch in the Middle East, came at an investment cost of EGP 10 mn. Ahmed Shawky said the company will deploy another EGP 30 mn here as it builds a training center for healthcare professionals.