Report Published: "Egypt Pharmaceuticals & Healthcare Report Q3 2016"

From: Fast Market Research, Inc.
Published: Wed May 25 2016

Underlying issues relating to intellectual property and medicine pricing highlight the challenging nature of Egypt's pharmaceutical market for innovative drugmakers looking to establish a presence in this North African country. Despite this, Egypt continues to attract a significant deal of attention from multinational drugmakers, albeit largely through imports and/or contract manufacturing agreements. Over the long-term, we view Egypt's pharmaceutical and healthcare sectors as having enormous growth potential, supported by a promising manufacturing base and the government's continual commitment to advancing healthcare on a national-scale. Economic and political volatilities will remain influential factors determining company interest.Headline Expenditure ProjectionsPharmaceuticals: EGP33.08bn (USD4.29bn) in 2015 to EGP36.82bn (USD4.23bn) in 2016; +11.3% in local currency terms and -1.5% in US dollar terms. Forecast unchanged from Q 2 1 6 .

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