Arab Finance: Egyptian International Pharmaceutical Industries Co. (EIPICO) is aiming to achieve sales of EGP 4.8 billion this year, $54 million of which as exports, according to a press release on February 14th.
The firm’s preliminary financial results showed that EIPICO achieved nearly EGP 4 million in sales last year, including exports worth $52 million, with a market cap of up to 25% of the total Egyptian exports.
In 2022, the company produced 320 million medicines packages, as well as launched 12 new products.
EIPICO is an Egypt-based public shareholding company that operates in the pharmaceutical industry. It is a manufacturer and exporter of pharmaceuticals and holds license agreements with a group of international.