{"id":602492,"date":"2019-03-28T04:00:26","date_gmt":"2019-03-28T04:00:26","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/28\/orchidia-pharma-to-invest-egp-200-mn-to-establish-new-eyedrops-factory\/"},"modified":"2019-03-28T04:00:26","modified_gmt":"2019-03-28T04:00:26","slug":"orchidia-pharma-to-invest-egp-200-mn-to-establish-new-eyedrops-factory","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/28\/orchidia-pharma-to-invest-egp-200-mn-to-establish-new-eyedrops-factory\/","title":{"rendered":"Orchidia Pharma to invest EGP 200 mn to establish new eyedrops factory"},"content":{"rendered":"<p>Orchidia Pharma aims to invest EGP 200 mn to establish a new eyedrops factory in Obour City, Production Manager Mohamed Etman <a href=\"https:\/\/www.alborsaanews.com\/2019\/03\/27\/1190426\">told the local press.<\/a> 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.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9314],"tags":[72,7138,2400,131,427],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-602492","post","type-post","status-publish","format-standard","hentry","category-health-education","tag-enterpriseam","tag-health","tag-health-education","tag-manufacturing","tag-pharma","wpautop","entry"],"acf":{"mongo_id":"adea2e78-e030-43e9-848b-5fc80ae5464f","is_powered_by":true,"section_story_id":"cd53905f-d6b2-4ef6-b9b8-be7939600ec9","story_type":"1","photo_url":"","photo_position":"above","related_issue":[602461],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Orchidia Pharma to invest EGP 200 mn to establish new eyedrops factory - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/28\/orchidia-pharma-to-invest-egp-200-mn-to-establish-new-eyedrops-factory\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Orchidia Pharma to invest EGP 200 mn to establish new eyedrops factory\" \/>\n<meta property=\"og:description\" content=\"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 [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/28\/orchidia-pharma-to-invest-egp-200-mn-to-establish-new-eyedrops-factory\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-03-28T04:00:26+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/28\/orchidia-pharma-to-invest-egp-200-mn-to-establish-new-eyedrops-factory\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/28\/orchidia-pharma-to-invest-egp-200-mn-to-establish-new-eyedrops-factory\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Orchidia Pharma to invest EGP 200 mn to establish new eyedrops factory\",\"datePublished\":\"2019-03-28T04:00:26+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/28\/orchidia-pharma-to-invest-egp-200-mn-to-establish-new-eyedrops-factory\/\"},\"wordCount\":92,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"health\",\"Health + Education\",\"Manufacturing\",\"pharma\"],\"articleSection\":[\"Health + Education\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/28\/orchidia-pharma-to-invest-egp-200-mn-to-establish-new-eyedrops-factory\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/28\/orchidia-pharma-to-invest-egp-200-mn-to-establish-new-eyedrops-factory\/\",\"name\":\"Orchidia Pharma to invest EGP 200 mn to establish new eyedrops factory - 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While EAEF is hoping to acquire up to 100% of the company, it would settle on a majority stake of 55%, the sources\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":637047,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/07\/eaef-acquires-46-5-stake-in-orchidia-for-egp-700-mn\/","url_meta":{"origin":602492,"position":1},"title":"EAEF acquires 46.5% stake in Orchidia for EGP 700 mn","author":"enterpriseam admin","date":"7 November 2017","format":false,"excerpt":"M&A WATCH- We now have a price tag on the EAEF\u2019s acquisition of Orchidia: The Egyptian American Enterprise Fund (EAEF) acquired 46.5% sake in Orchidia Pharma Industries for around EGP 700 mn, Orchidia\u2019s founder and chairman Ossama Abbass tells Al Borsa. EAEF purchased 38% of the company from SPE Capital\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":636869,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/02\/eaef-acquires-significant-minority-stake-in-orchidia-pharma\/","url_meta":{"origin":602492,"position":2},"title":"EAEF acquires \u201csignificant minority stake\u201d in Orchidia Pharma","author":"enterpriseam admin","date":"2 November 2017","format":false,"excerpt":"M&A WATCH- Our friends at the Egyptian-American Enterprise Fund (EAEF) have acquired a significant minority stake in ophthalmic meds maker Orchidia Pharma Industries on Wednesday, EAEF announced in a statement (pdf). The transaction, executed through EAEF\u2019s investment manager Lorax Capital Partners, will see the EAEF subscribe in an upcoming capital\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":546732,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/05\/26\/lots-of-fresh-investment-in-food-pharma-and-alumium\/","url_meta":{"origin":602492,"position":3},"title":"Lots of fresh investment in food, pharma and alumium","author":"enterpriseam admin","date":"26 May 2022","format":false,"excerpt":"Yesterday was a particularly busy day for mid-sized investment news spanning industries from pharma to food and aluminum. Here\u2019s the rundown:Egypt Otsuka plans USD 30 mn factory: The local unit of Japanese pharma company Otsuka plans to invest USD 30 mn in a new factory to produce nutritional supplements and\u2026","rel":"","context":"In &quot;Investment Watch&quot;","block_context":{"text":"Investment Watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/investment-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":594019,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/16\/pioneer-pharma-plans-to-invest-egp-300-mn-over-the-next-five-years\/","url_meta":{"origin":602492,"position":4},"title":"Pioneer Pharma plans to invest EGP 300 mn over the next five years","author":"enterpriseam admin","date":"16 October 2019","format":false,"excerpt":"Pioneer Pharma is planning to invest EGP 300 mn over the next five years to expand the company\u2019s 10th of Ramadan City factory, Chairman and CEO Mohy Hafez told the local press. 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