Future Pharmaceutical Industries finds potential to expand in Egypt: Chairman

Doaa A.Moneim , Tuesday 1 Nov 2022

We see potential for the pharma industry in the Egyptian market. Therefore, our company keeps expanding in the local market through its affiliated companies Future Pro and Future Advanced, said Gamal El-Leithy, the Chairman of Future Pharmaceutical Industries (FPI) and the Head of the Chamber Industry Of Cosmetics & Medical Supplies.

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El-Leithy's comments came during his participation in the third edition of Al-Ahram pharmaceutical conference, which was held for two days and concluded on Monday.

He pointed out that Future Pro is a mega project that produces sterile products that include injectables and eye products.

“Such products help reduce the cost of the country’s imports bill and lower the pressure on the state’s budget, especially when it comes to hard currency. They also increase exports of such products. The use of state-of-the-art solutions, particularly in the field of robotics, in manufacturing allows these products to be used for local consumption and for exporting," El-Leithy noted.

“Despite all the challenges, our companies are expanding in the Egyptian market and are creating more jobs. Our companies also help provide more treatments in the local market. Our mission is to provide affordable and effective treatments for the Egyptian citizen despite the increase in both the exchange rate and production costs ,” said El-Leithy.

 

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