Egypt's Holding Company for Pharmaceuticals (HoldiPharma) and US-based Dawah Pharma joined forces with Qatari German Medical Devices Company (QG Medical Devices) to localize the medical supplies industry

Egypt-based insurtech company SehaTech has raised $1.1 million in a seed funding round, bringing its total funding to $2 million, as per an emailed press release.

Ibnsina Pharma has retained its leading position among pharmaceutical distributors in Egypt, with a 31.1% market share in the first half (H1) of 2025, according to IQVIA reports.

The sales of foreign companies in the Egyptian pharmaceutical market hiked by 43% year-on-year (YoY) in 2024, Ali Ghamrawy‏, ‏Chairman of the Egyptian Drug Authority (EDA)

Zilla Capital has advised Triquera B.V., the majority shareholder of Minapharm Pharmaceuticals and Chemical Industries, in Admaius Capital Partners minority stake investment to support Minapharm’s regional and global biotech expansion.

Egypt signed four cooperation agreements with Sanofi and the Gustave Roussy Institute to enhance healthcare services and strengthen Egyptian-French collaboration in the health sector.

Fawry for Banking Technology and Electronic Payment entered into a strategic partnership with PharmaOverseas to foster the pharmaceutical distribution sector in Egypt

Ibnsina Pharma has ranked first among pharmaceutical distribution companies in Egypt for the second consecutive year

El-Nile Company for Pharmaceuticals and Chemical Industries (NIPH) logged 30.6% year-on-year (YoY) lower net profits after tax in the first half (H1) of fiscal year (FY) 2024/25

The Egyptian Drug Authority (EDA) is considering cooperation with Saudi Arabia’s Ministry of Industry and Mineral Resources in localizing active pharmaceutical ingredients, with the aim of strengthening economic ties and supporting shared strategic goals.

An Egyptian alliance is seeking to establish a company for manufacturing active pharmaceutical ingredients (APIs).

The US Ambassador to Egypt Herro Mustafa stated that Egypt's healthcare sector offers promising investment opportunities valued between $30 billion and $40 billion in hospital infrastructure by 2025.

Vernbro Global Investment is planning to complete the construction of a pharmaceutical factory in Beni Suef within a year, with investments of EGP 1 billion.

Boehringer Ingelheim, a leading research-driven biopharmaceutical company, hosted a dedicated event on October 11th and 12th at the Dusit Thani LakeView in Cairo to enhance outcomes for patients living with cardiovascular, renal, and metabolic (CRM) diseases.

Egypt exported $1 billion worth of pharmaceuticals in 2023, targeting to increase these exports to reach $1.5 billion in 2024, $2 billion within two years, and $3 billion before 2030, Prime Minister Mostafa Madbouly stated.

The 11th edition of Pharmaconex, Africa’s leading pharmaceutical manufacturing event, began on September 8th at the Egypt International Exhibition Center.

The Tenth of Ramadan for Pharmaceuticals Industries and Diagnostic Reagents (Rameda) has established a new subsidiary, Glow, that will specialize in producing freely priced cosmetics and cosmeceuticals.

Egypt has provided 85% of the unavailable medicines so far.

The Federation of Egyptian Industries’ (FEI) pharmaceutical division is seeking exemption from customs duties on ineffective pharmaceutical materials.