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Egypt meets insulin demand locally
The Egyptian Ministry of Health has announced that Egypt is now capable of producing insulin locally, which fully meets the country's needs and, in some cases, exceeds them. Currently, there are four Egyptian companies manufacturing insulin using raw materials imported from two international firms. The locally produced insulin has the same pharmaceutical composition and efficacy as imported medicines. The ministry emphasizes that there is no justification for continuing to purchase insulin from abroad when a domestic alternative is available. It encourages citizens to rely on national production and reduce dependence on imports, especially as drug prices are regulated through a pricing formula that ensures continuous production and prevents illicit price hikes. The main message is that locally produced insulin suffices for the Egyptian market, and the desire to buy imported insulin comes at the cost of hard currency. The government also announced it will stop importing insulin for those who wish to use it locally, while emphasizing the importance of monitoring prices and protecting consumers from market violations.
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