The International Company for Medical Industries (ICMI) will start manufacturing self-destructing syringes during 1Q2021 and aims to produce 100 mn each year for the local market, Managing Director Hisham Saber told Al Mal. The company plans to invest EGP 12 mn in the venture and is in talks with two local banks to obtain a EGP 30 mn loan. The decision came after global health organizations called for the switch to the “smart” syringes.

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