{"id":630782,"date":"2018-03-01T04:21:01","date_gmt":"2018-03-01T04:21:01","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/01\/cabinet-grants-final-approval-to-pharma-regulator-act-sets-cotton-supply-prices\/"},"modified":"2018-03-01T04:21:01","modified_gmt":"2018-03-01T04:21:01","slug":"cabinet-grants-final-approval-to-pharma-regulator-act-sets-cotton-supply-prices","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/01\/cabinet-grants-final-approval-to-pharma-regulator-act-sets-cotton-supply-prices\/","title":{"rendered":"Cabinet grants final approval to Pharma Regulator Act, sets cotton supply prices"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-03\"><\/a> <strong>LEGISLATION WATCH- Pharma Regulator Act gets final sign-off from Cabinet:<\/strong> The Ismail Cabinet approved yesterday the Pharma Regulator Act after incorporating some amendments since <a href=\"https:\/\/enterprise.press\/stories\/2018\/02\/08\/cabinet-gives-preliminary-nod-to-pharma-regulator-act-approved-amended-customs-act\/\">granting it a preliminary nod<\/a> earlier this month, according to <a href=\"http:\/\/www.cabinet.gov.eg\/Arabic\/MediaCenter\/CabinetNews\/Pages\/the-Council-of-Ministers-meeting-No.-111.aspx\">an official statement<\/a>. The bill would establish three separate bodies to regulate the pharma sector:<\/p>\n<ul>\n<li>The <strong>Supreme Council for Medicine and Medical Technology<\/strong> to set and implement overarching policies for the sector; <\/li>\n<li>The <strong>Egyptian Medical Technology Authority<\/strong> to oversee the procurement of pharmaceutical products and medical equipment; <\/li>\n<li>The <strong>Egyptian Medical Supervisory Authority<\/strong> to oversee the availability and supply of medicine and raw materials. <\/li>\n<\/ul>\n<p>Cabinet will now send the legislation to the House of Representatives for a vote.<\/p>\n<p>Also yesterday, Cabinet agreed to:<\/p>\n<ul>\n<li><strong>Extend the mandate of a law allowing<\/strong> <strong>those who have had state land seized from them<\/strong> as part of the crackdown on illegally occupied land to buy back the property.<\/li>\n<li><strong>Sign off on the new prices at which the government will purchase local cotton<\/strong>. Long-staple cotton will be priced at EGP 2,700 per qintar, while short- and medium-staple cotton will now be priced at EGP 2,500. <\/li>\n<li><strong>Approve amendments to the criminal code <\/strong>that would impose life prison sentences on individuals who are found guilty of handling unlicensed explosive materials.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>LEGISLATION WATCH- Pharma Regulator Act gets final sign-off from Cabinet: The Ismail Cabinet approved yesterday the Pharma Regulator Act after incorporating some amendments since granting it a preliminary nod earlier this month, according to an official statement. The bill would establish three separate bodies to regulate the pharma sector: The Supreme Council for Medicine and [&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":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-630782","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"ee8439d6-dadc-4dbd-aea7-9ae66874d6c2","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[630776],"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>Cabinet grants final approval to Pharma Regulator Act, sets cotton supply prices - 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\/2018\/03\/01\/cabinet-grants-final-approval-to-pharma-regulator-act-sets-cotton-supply-prices\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cabinet grants final approval to Pharma Regulator Act, sets cotton supply prices\" \/>\n<meta property=\"og:description\" content=\"LEGISLATION WATCH- Pharma Regulator Act gets final sign-off from Cabinet: The Ismail Cabinet approved yesterday the Pharma Regulator Act after incorporating some amendments since granting it a preliminary nod earlier this month, according to an official statement. 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The legislation would establish three separate bodies to regulate the pharma sector: The Supreme Council for Medicine and Medical Technology to set and implement overarching policies for the sector; the Egyptian Medical Technology\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":634195,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/09\/house-agenda-includes-legislation-on-new-pharma-regulator-ride-hailing-apps-cybercrimes-victims-of-terrorism-quota-for-women-in-the-judiciary-among-others\/","url_meta":{"origin":630782,"position":1},"title":"House agenda includes legislation on new pharma regulator, ride-hailing apps, cybercrimes, victims of terrorism, quota for women in the judiciary, among others","author":"enterpriseam admin","date":"9 January 2018","format":false,"excerpt":"LEGISLATION WATCH- The House of Representatives\u2019 winter agenda includes legislation on new pharma regulator, ride-hailing apps, cybercrimes, victims of terrorism, quota for women in the judiciary, among others, according to stories out yesterday.Law establishing new pharma sector regulator with cabinet next week: A draft law establishing a regulator for the\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":597100,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/16\/eda-gets-sharper-teeth-under-newly-passed-legislation\/","url_meta":{"origin":630782,"position":2},"title":"EDA gets sharper teeth under newly passed legislation","author":"enterpriseam admin","date":"16 July 2019","format":false,"excerpt":"LEGISLATION WATCH- EDA\u2019s mandate expands under new pharma legislation: The Health Ministry will transfer regulatory powers over the pharma market to the Egyptian Drug Authority (EDA) under legislation passed by the House last week, the local press reported. 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We\u2019re hearing conflicting statements on whether Medical Union Pharma made an official offer to acquire United Pharma IV. 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