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Drug Authority mulls proposals for new price controls on pharma products
Pharma players have come forward with three proposals to change up the med pricing scheme
Honeywell gears up for sustainable aviation fuel project. PLUS: EU + French Development Agency finance water treatment plant, EDA to clamp down on counterfeit meds
Honeywell will complete a feasibility study for the project within the next few months
Rameda reports strong revenue growth, stable net income in 2023
The firm’s revenues grew 30% y-o-y in 2023, driven by strong performance from its key verticals and price hikes
Admaius inks strategic partnership with local pharma player. PLUS: News from Madinet Masr, ACDIMA, Social Housing Fund
Matouk Bassiouny advised Admaius Capital on the transaction and Zilla Capital was the sole financial advisor to Parkville
Tanmeyah, MSMEDA to lend out up to EGP 200 mn to microenterprises. PLUS: News from Smokery, House, ACDIMA
The two sides will hand out loans of up to EGP 220k to some 10k microenterprises
Pricier meds ahead?
Some 1.5k drugs — 9% of the total 17k sold in Egypt — have been hit by the shortage of…
Ezdehar acquires minority stake in local pharma delivery startup Yodawy with USD 10 mn investment
The investment will help Yodawy grow through expanding its client base and tech-enabled prescription capabilities
Pharma delivery platform Chefaa raises USD 5.3 mn
The company wants to scale up digitizing pharma supply chain
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