Orchidia Pharma to invest EGP 200 mn to establish new eyedrops factory

Orchidia Pharma aims to invest EGP 200 mn to establish a new eyedrops factory in Obour City, Production Manager Mohamed Etman told the local press. The company has agreed to import three production lines, including two of whose production capacity is at 30 mn eye drops per year. The EUR 500k third production line is expected to begin producing about 12 mn eye ointments annually next year, Etman said, adding that the company also plans to set up a fourth line in the future.