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The Egyptian Minister of Health and Population, Dr. Khaled Abdel Ghaffar, inaugurated the "EIPICO 3" factory in 10th of Ramadan City. This facility is the first of its kind in Egypt and the Middle East to produce biopharmaceuticals entirely, from genetically modified cells to the final product, utilizing advanced technologies to ensure global quality standards. The factory aims to promote the local manufacturing of biopharmaceuticals and ensure pharmaceutical security. It includes the production of 14 formulations for the treatment of tumors, blood diseases, infertility, and kidney conditions, with investments exceeding $100 million across an area of 10,500 square meters. This investment represents a significant leap forward in the pharmaceutical industry in the region, contributing to the availability of high-quality medicines at affordable prices, with exports to more than 60 countries and securing the top position in Egyptian drug exports, accounting for 25% of total pharmaceutical exports.
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