Daily News Egypt

GNP vying for a Health Ministry project to inject $100m: Chairman - Daily News Egypt

Advertising Area




Advertising Area




GNP vying for a Health Ministry project to inject $100m: Chairman

Pharmaceutical drug sales amounted $4bn in 2014


Photo by Dominique Faquet (AFP)
Photo by Dominique Faquet (AFP)

Global Napi Pharmaceuticals (GNP) will compete for one of the projects proposed by the Ministry of Health in Egypt’s Economic Development Conference (EEDC), said Chairman of GNP Makram Mehany, .

Mehany noted, in an interview with Daily News Egypt on the side-lines of the EEDC in Sharm El-Sheikh, that the company intends to inject $100m in case it acquires the project.

Pharmaceutical drug sales amounted $4bn in 2014, according to a report by British EMS, with a growth rate of 10% more than 2013.

Mehany hopes that the government begins changing the prices of pharmaceutical drugs in a way that halts the mounting losses of pharmaceutical companies due to the decrease in the Egyptian Pound exchange rate.

Advertising Area



https://cdn1.dailynewsegypt.com/2015/03/13/gnp-vying-for-a-health-ministry-project-to-inject-100m-chairman/
Breaking News

No current breaking news

Receive our daily newsletter
Subscribe