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Eipico board approves acquisition of 9.77% stake in Medical Union Pharma
M&A WATCH- Eipico looking to acquire 9.77% stake in Medical Union: Pharma player Eipico’s board of directors has agreed to…
CIB signs EGP 400 mn financing agreement with MUP
CIB has signed a EGP 400 mn medium-term financing contract with Medical Union Pharma (MUP), bringing the company’s total credit…
Pharco Pharmaceuticals, MODON to build pharma complex in Madinah
Egypt’s Pharco Pharma has signed an industrial land lease with the Saudi Authority for Industrial Cities and Technology Zones (MODON)…
Pharma manufacturer El Arabeya to invest EGP 40 mn in FY2019-20
Pharma manufacturer El Arabeya expects to invest EGP 40 mn in FY2019-20 to develop and digitize production lines, according to…
EIPICO to set up pharma factory for EGP 1 bn
ACDIMA subsidiary the Egyptian International Pharma. Industries Company (EIPICO) is planning to set up a biosimilar production facility at a…
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…
Scorpion venom: elixir or poison?
Cultivating scorpion venom for fun and profit: A group in Cairo is turning a profit by way of scorpion breeding,…
Ibnsina antitrust fine reduced to EGP 160 mn from EGP 2.04 bn
DISPUTE WATCH- Ibnsina confirms antitrust fine reduced to EGP 160 mn from EGP 2.04 bn: Ibnsina Pharma confirmed yesterday in…
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