The Egypt Pharmaceuticals Competitive Intelligence Report 2010 added to Piribo.com

Dec. 14, 2010 - PRLog -- The Egypt Pharmaceuticals & Healthcare Competitive Intelligence Report is an essential resource for manufacturers, investors and suppliers analysing and comparing the strategies adopted by major players as they seek to exploit opportunities and mitigate risks in a rapidly changing environment.

In 1950, the pharmaceutical industry in Egypt consisted of about 50 small national producers of drugs. Leading multinationals held a 10% share of the local market. In the 1960s, three foreign firms, Hoechst, Pfizer and Swiss Pharma, established joint-venture operations with local players. By 1970, following nationalisation, 11 local producers contributed 90% of the domestic market. In the mid-1980s, the share of public firms stood at 80% of domestic production. In the 1990s, a more liberal policy opened up the market to foreign and domestic newcomers and, by 1996, the industry had nine multinationals, eight private and 11 public-sector companies, employing about 60,000 people.

Currently, Egyptian pharmaceutical demand is mostly met by domestic production, in terms of volume. Foreign companies are responsible for about 65% of this figure, in the form of both local manufacturing output (30%) and contract manufacturing outsourced to Egyptian firms (35%). The country's drug industry, one of Egypt's most promising economic sectors, is likely to witness increased merger and acquisition (M&A) activity in the coming years. Local companies in particular have faced a lack of liquidity due to the government's strict pricing policy, which has prevented increases to reflect spiralling costs. Additionally, IP (intellectual property) and regulatory changes required by the TRIPS (Trade- Related Intellectual Property Rights) agreement will disadvantage the position of generics drug makers.

Piribo product ID: BMI07156
http://www.piribo.com/publications/country_reports/egypt_...

Egypt Pharmaceutical Reports
http://www.piribo.com/pharmaceutical_markets/africa/egypt...

About Piribo
Piribo is the source for information products concerning the global biotechnology and pharmaceutical industries. Here you can browse and buy thousands of business information studies, market reports and books. Piribo has ongoing relationships with leading market research and publishing companies, so we can offer you a current and comprehensive range of specialised intelligence.

# # #

About Piribo.
Piribo http:www.piribo.com is the source for information products concerning the global biotechnology and pharmaceutical industries. Here you can browse and buy thousands of business information studies, market reports and books.