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Keep up to date with the latest news and insights on the Healthcare Industry in the Middle East and Africa.


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May & Baker launch new production line

May & Baker Nigeria Plc may soon receive returns on their investment as the Federal Executive Council ratified its agreement with the pharmaceutical firm for local vaccine production. The Managing Director said that the partners will immediately take steps to reconstitute the board of Biovaccines Nigeria Limited.

Read more – Guardian


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Julphar Gulf Pharmaceutical eyes $544m sales by 2020

UAE-based pharmaceuticals giant Julphar has announced plans to expand its sales to more than AED2 billion ($544 million) by 2020. Julphar Gulf Pharmaceutical Industries announced the target as it said it achieved sales amounting to AED369.3 million with a net profit of AED44.1 million in the first quarter of 2017.

Read more - Arabian Business


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South Africa's Life Healthcare CEO Steps Down

Life Healthcare’s chief executivem Andre Meyer, steps down. He has been chief executive since 2014 and has overseen the company’s entry into Poland, India and Britain and extended its expansion from acute care into other healthcare services.

Read More - EWN


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Meditech announced as Gold Sponsor of HISA2017

Meditech has been confirmed as gold sponsor of Healthcare Innovation Summit Africa (HISA2017). This event will take place on 29-30 August 2017 at Vodacom World in Midrand, Johannesburg.

Read more – IT News Africa


Acino acquires South Africa's Litha Healthcare

Swiss pharmaceutical company,Acino, has bought Joburg-based Litha Healthcare, giving the former immediate access to the South African market. Litha’s existing product portfolio comprises nearly 100 molecules focusing on primary care, largely through originator products, and specialty care, partly through generic products. 

Read more – Acino


CURE and CannaKids Announce Research Collaboration with Technion-Israel Institute of Technology on Cancer

CURE Pharmaceutical, a leading disruptive drug delivery technology and pharmaceutical cannabinoid molecule development company, announced today that the CURE and the CannaKids partnership has entered into a strategic research collaboration with Technion Research and Development Foundation Ltd., wholly owned subsidiary of the Technion-Israel Institute of Technology, in order to research how different cannabinoid compounds within cannabis strains can be used to treat various subtypes of cancer.

Read more - Global Newswire


Boryung Pharm wins $37.7 million contract in Africa

Boryung Pharmaceuticals signed an exclusive $37.7-million supply contract with South African pharmaceutical company Kiara Health to provide its high-blood pressure drugs to 10 African countries. The deal comes as a new addition to the company’s list of license-out contracts in a total of 51 countries amounting to $413.6 million. Boryung signed an export agreement with Kiara Health in December to supply three of its injectable anticancer drugs in the same 10 African countries.

Read more - Korea Biomed


Veloxis Pharmaceuticals Announces Agreement for Taiba Healthcare to Commercialize Envarsus XR in MEA

Veloxis Pharmaceuticals A/S (OMX: VELO) today announced that its US subsidiary, Veloxis Pharmaceuticals, Inc., has entered into an exclusive license, supply and distribution agreement with Taiba Healthcare, a leading healthcare marketing, distributor and retail pharmacies group known regionally for a focus on specialty and rare diseases, to register, commercialize and distribute Envarsus XR in certain countries throughout the Middle East and North Africa (MENA) region.

Read more - PR Newswire


Mediclinic Middle East Concludes Agreement with Foundation Holdings

Strategic global investment firm Foundation Holdings announced today the formation of a new healthcare platform aiming to accelerate value-based healthcare in the UAE. To kick start this initiative, the company has collaborated and transacted a deal with Mediclinic Middle East, one of three operating platforms at Mediclinic International plc, a UK listed international private healthcare group, to acquire three best in class value-care primary clinics, one each in Abu DhabiAl Ain and Dubai as well as one pharmacy in Abu Dhabi

Read more – PR Newswire

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