{"id":652394,"date":"2017-01-08T04:04:04","date_gmt":"2017-01-08T04:04:04","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/01\/08\/pharco-moves-ahead-with-plan-to-build-egypts-first-oncology-medicine-factory\/"},"modified":"2017-01-08T04:04:04","modified_gmt":"2017-01-08T04:04:04","slug":"pharco-moves-ahead-with-plan-to-build-egypts-first-oncology-medicine-factory","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/01\/08\/pharco-moves-ahead-with-plan-to-build-egypts-first-oncology-medicine-factory\/","title":{"rendered":"Pharco moves ahead with plan to build Egypt\u2019s first oncology medicine factory"},"content":{"rendered":"

Pharco Pharma will begin work on its EGP 1 bn oncologicals plant this week, Al Borsa<\/a> reports. The new venture, the Egyptian National Company for Medical Products (We Can), will build Egypt\u2019s first oncology medicine factory at a total cost of EGP 500 mn, of which 50% will be covered by banks. The project is part of a cooperation agreement that Pharco had signed with the Health and Military Production Ministries and domestic vaccine producer Vacsera back in August<\/a>. The factory will be built at Vacsera\u2019s industrial complex in 6 October over 61k sqm and is expected to manufacture 93 different types of meds once it\u2019s operational in two years\u2019 time, according to Pharco\u2019s CEO Shereen Helmy. We reported last week<\/a> that the Egyptian Arab Land Bank was arranging financing for the facility.<\/p>\n","protected":false},"excerpt":{"rendered":"

Pharco Pharma will begin work on its EGP 1 bn oncologicals plant this week, Al Borsa reports. The new venture, the Egyptian National Company for Medical Products (We Can), will build Egypt\u2019s first oncology medicine factory at a total cost of EGP 500 mn, of which 50% will be covered by banks. The project is […]<\/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":[72,2400],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-652394","post","type-post","status-publish","format-standard","hentry","category-health-education","tag-enterpriseam","tag-health-education","wpautop","entry"],"acf":{"mongo_id":"ba56f685-1b55-42e8-a6f1-4b1067f6d2b3","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[652359],"teaser":"","voice_url":""},"yoast_head":"\nPharco moves ahead with plan to build Egypt\u2019s first oncology medicine 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\/2017\/01\/08\/pharco-moves-ahead-with-plan-to-build-egypts-first-oncology-medicine-factory\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Pharco moves ahead with plan to build Egypt\u2019s first oncology medicine factory\" \/>\n<meta property=\"og:description\" content=\"Pharco Pharma will begin work on its EGP 1 bn oncologicals plant this week, Al Borsa reports. The new venture, the Egyptian National Company for Medical Products (We Can), will build Egypt\u2019s first oncology medicine factory at a total cost of EGP 500 mn, of which 50% will be covered by banks. The project is […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/01\/08\/pharco-moves-ahead-with-plan-to-build-egypts-first-oncology-medicine-factory\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-01-08T04:04:04+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\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/01\/08\/pharco-moves-ahead-with-plan-to-build-egypts-first-oncology-medicine-factory\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/01\/08\/pharco-moves-ahead-with-plan-to-build-egypts-first-oncology-medicine-factory\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Pharco moves ahead with plan to build Egypt\u2019s first oncology medicine factory\",\"datePublished\":\"2017-01-08T04:04:04+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/01\/08\/pharco-moves-ahead-with-plan-to-build-egypts-first-oncology-medicine-factory\/\"},\"wordCount\":145,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"Health + Education\"],\"articleSection\":[\"Health + Education\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/01\/08\/pharco-moves-ahead-with-plan-to-build-egypts-first-oncology-medicine-factory\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/01\/08\/pharco-moves-ahead-with-plan-to-build-egypts-first-oncology-medicine-factory\/\",\"name\":\"Pharco moves ahead with plan to build Egypt\u2019s first oncology medicine factory - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2017-01-08T04:04:04+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/01\/08\/pharco-moves-ahead-with-plan-to-build-egypts-first-oncology-medicine-factory\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2017\/01\/08\/pharco-moves-ahead-with-plan-to-build-egypts-first-oncology-medicine-factory\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/01\/08\/pharco-moves-ahead-with-plan-to-build-egypts-first-oncology-medicine-factory\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Pharco moves ahead with plan to build Egypt\u2019s first oncology medicine factory\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Pharco moves ahead with plan to build Egypt\u2019s first oncology medicine factory - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2017\/01\/08\/pharco-moves-ahead-with-plan-to-build-egypts-first-oncology-medicine-factory\/","og_locale":"en_US","og_type":"article","og_title":"Pharco moves ahead with plan to build Egypt\u2019s first oncology medicine factory","og_description":"Pharco Pharma will begin work on its EGP 1 bn oncologicals plant this week, Al Borsa reports. The new venture, the Egyptian National Company for Medical Products (We Can), will build Egypt\u2019s first oncology medicine factory at a total cost of EGP 500 mn, of which 50% will be covered by banks. The project is […]","og_url":"https:\/\/enterpriseam.com\/egypt\/2017\/01\/08\/pharco-moves-ahead-with-plan-to-build-egypts-first-oncology-medicine-factory\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2017-01-08T04:04:04+00:00","author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2017\/01\/08\/pharco-moves-ahead-with-plan-to-build-egypts-first-oncology-medicine-factory\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2017\/01\/08\/pharco-moves-ahead-with-plan-to-build-egypts-first-oncology-medicine-factory\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Pharco moves ahead with plan to build Egypt\u2019s first oncology medicine factory","datePublished":"2017-01-08T04:04:04+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2017\/01\/08\/pharco-moves-ahead-with-plan-to-build-egypts-first-oncology-medicine-factory\/"},"wordCount":145,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"keywords":["EnterpriseAM","Health + Education"],"articleSection":["Health + Education"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2017\/01\/08\/pharco-moves-ahead-with-plan-to-build-egypts-first-oncology-medicine-factory\/","url":"https:\/\/enterpriseam.com\/egypt\/2017\/01\/08\/pharco-moves-ahead-with-plan-to-build-egypts-first-oncology-medicine-factory\/","name":"Pharco moves ahead with plan to build Egypt\u2019s first oncology medicine factory - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"datePublished":"2017-01-08T04:04:04+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2017\/01\/08\/pharco-moves-ahead-with-plan-to-build-egypts-first-oncology-medicine-factory\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2017\/01\/08\/pharco-moves-ahead-with-plan-to-build-egypts-first-oncology-medicine-factory\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2017\/01\/08\/pharco-moves-ahead-with-plan-to-build-egypts-first-oncology-medicine-factory\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Pharco moves ahead with plan to build Egypt\u2019s first oncology medicine factory"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":null,"featured_image_src_square":null,"author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":649071,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/20\/pharco-pharma-to-complete-procedures-to-establish-egp-1-bn-oncology-medicine-factory-next-week\/","url_meta":{"origin":652394,"position":0},"title":"Pharco Pharma to complete procedures to establish EGP 1 bn oncology medicine factory next week","author":"enterpriseam admin","date":"20 April 2017","format":false,"excerpt":"Pharco Pharma will complete the procedures to establish its EGP 1 bn oncology medicine plant, next week, Al Borsa reports. The factory will be built at Vacsera\u2019s industrial complex in 6th of October over 61k sqm and is expected to manufacture 93 different types of meds once it\u2019s operational in\u2026","rel":"","context":"In "Health + Education"","block_context":{"text":"Health + Education","link":"https:\/\/enterpriseam.com\/egypt\/category\/health-education\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":598440,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/26\/pharco-pharmaceuticals-modon-to-build-pharma-complex-in-madinah\/","url_meta":{"origin":652394,"position":1},"title":"Pharco Pharmaceuticals, MODON to build pharma complex in Madinah","author":"enterpriseam admin","date":"26 May 2019","format":false,"excerpt":"Egypt\u2019s Pharco Pharma has signed an industrial land lease with the Saudi Authority for Industrial Cities and Technology Zones (MODON) for an area in Madinah, Saudi Arabia, covering over 62k sqm, Asharq al-Awsat reports. The two organizations will invest SR 570 mn to build an integrated pharma complex that will\u2026","rel":"","context":"In "Health + Education"","block_context":{"text":"Health + Education","link":"https:\/\/enterpriseam.com\/egypt\/category\/health-education\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":652262,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/01\/04\/egyptian-arab-land-bank-arranging-egp-500-mn-for-cancer-vaccine-factory\/","url_meta":{"origin":652394,"position":2},"title":"Egyptian Arab Land Bank arranging EGP 500 mn for cancer vaccine factory","author":"enterpriseam admin","date":"4 January 2017","format":false,"excerpt":"The Egyptian Arab Land Bank is arranging an EGP 500 mn syndicated loan to finance a cancer vaccine factory built by Pharco Pharma and the ministries of health and military production, bank VP Adnan El Sharkawy told Amwal Al Ghad. The estimated total cost of the production line is EGP\u2026","rel":"","context":"In "Health + Education"","block_context":{"text":"Health + Education","link":"https:\/\/enterpriseam.com\/egypt\/category\/health-education\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":701506,"url":"https:\/\/enterpriseam.com\/egypt\/2026\/05\/12\/pharco-doubles-down-on-local-capex-and-gulf-expansion-amid-pricing-squeeze\/","url_meta":{"origin":652394,"position":3},"title":"Pharco doubles down on local capex and Gulf expansion amid pricing squeeze","author":"enterpriseam admin","date":"12 May 2026","format":false,"excerpt":"Egypt imports more than 90% of its pharma raw materials, leaving local manufacturers exposed to FX swings and supply chain disruptions","rel":"","context":"In "PHARMA"","block_context":{"text":"PHARMA","link":"https:\/\/enterpriseam.com\/egypt\/category\/pharma\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2026\/5\/603.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":624778,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/09\/18\/pharco-to-launch-company-to-produce-womens-meds-including-birth-control\/","url_meta":{"origin":652394,"position":4},"title":"Pharco to launch company to produce women\u2019s meds, including birth control","author":"enterpriseam admin","date":"18 September 2018","format":false,"excerpt":"Pharco Pharma is launching a new subsidiary company that will specialize in the production of women\u2019s medication, including birth control pills, according to a company press release (pdf). The move aims to support government efforts to curb high levels of population growth.","rel":"","context":"In "Health + Education"","block_context":{"text":"Health + Education","link":"https:\/\/enterpriseam.com\/egypt\/category\/health-education\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":649845,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/09\/military-production-ministry-announces-pipeline-of-healthcare-manufacturing-projects\/","url_meta":{"origin":652394,"position":5},"title":"MIlitary Production Ministry announces pipeline of healthcare, manufacturing projects","author":"enterpriseam admin","date":"9 March 2017","format":false,"excerpt":"The Military Production Ministry is looking to export goods (both military and civilian) to African states and plans to partner with companies in those countries, Military Production Minister Mohammed Al Assar said at a meeting with ambassadors, Al Mal reports. On the sidelines of the meeting, the ministry also announced\u2026","rel":"","context":"In "Other Business News of Note"","block_context":{"text":"Other Business News of Note","link":"https:\/\/enterpriseam.com\/egypt\/category\/other-business-news-of-note\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/652394","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=652394"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/652394\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/652359"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=652394"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=652394"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=652394"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=652394"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=652394"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}