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An article confirmed that Iran's war has led to a rise in pharmaceutical production costs in Egypt by up to 30% due to regional geopolitical tensions. Officials called for reducing the service fees imposed by the Drug Authority and urged to promote the local production of non-domestic pharmaceuticals through tax and financial incentives to mitigate the ongoing shortage of imported medicines. It also highlighted that the lack of dollar liquidity and difficulties in securing hard currency have increased the challenges of importing raw materials and high-tech medicines, with expectations that the current tensions could have widespread impacts on the local pharmaceutical market.
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