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FinancialNews
10-04-17
Egypt, India to enhance co-op in pharmaceutical sector
(MENAFN) Egypt should enhance its collaboration in pharmaceutical sector with India, which has great advantages in terms of offering affordable and reliable medication.
Accordingly, Egypt is a huge market in which India sees growing export potentials as well as possibilities of investments, while it aims that the market will offer India the base to increase to other parts of the region.
Additionally, India formulation is backed by globally acceptable certification and updated by increasing R&D facilities.
India's exports of pharmaceuticals in 2015/16 reached USD16.86bn, while Indian pharmaceutical industry with several thousand producers, export the largest share of generics to the world.
MENAFN1004201700450000ID1095382304
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