Companies / Egypt
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Pharmacies Resist Government Pressure
November 2006 | Industry NewsSorry, you must be a subscriber to view this article in full. If you are a subscriber please login.
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Government plans to privatise the state-owned pharmacy sector have caused deep concerns in Egypt's drug retail market. Under the new laws, foreign companies will be allowed to purchase pharmacy chains operated by the state-run Holding Company for Pharmaceutical Industries. However, the Egyptian Pharmacist's Syndicate (EPS) warns that all European countries that have followed a similar strategy have witnessed a massive closure of small