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Egyptian Pharma Company Ties Up with US-Based Dawa Pharmaceuticals

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Egypt’s Gypto Pharma (Medicine City) and US-based Dawa Pharmaceuticals signed a strategic alliance agreement on Tuesday aimed at strengthening Egypt’s pharmaceutical industry and achieving US Food and Drug Administration (FDA) qualification for Gypto Pharma’s facilities.

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Prime Minister Madbouly stated that Egypt’s pharmaceutical industry is a “vital field for new trade and investment and mutual growth between the United States and Egypt” and receives significant attention from President Abdel Fattah Al-Sisi.

Egypt’s Gypto Pharma (Medicine City) and US-based Dawa Pharmaceuticals signed a strategic alliance agreement on Tuesday aimed at strengthening Egypt’s pharmaceutical industry and achieving US Food and Drug Administration (FDA) qualification for Gypto Pharma’s facilities.

 Egyptian Prime Minister Mostafa Madbouly witnessed the signing ceremony at the government headquarters in the New Administrative Capital. The event was attended by senior officials including Minister of Planning and International Cooperation Rania Al-Mashat, Minister of Investment Hassan El Khatib, presidential health advisor Mohamed Awad Tag El-Din, the heads of the Egyptian Drug Authority (EDA) and the Unified Procurement Authority (UPA), US Ambassador to Cairo Herro Mustafa Garg, and Qatari Ambassador Tariq Ali Faraj Al-Ansari.

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The agreement was signed by Amr Mamdouh, Chairperson of Gypto Pharma, and Hossam Abdel Maksoud, Chairperson and CEO of Dawa Pharmaceuticals.

Prime Minister Madbouly stated that Egypt’s pharmaceutical industry is a “vital field for new trade and investment and mutual growth between the United States and Egypt” and receives significant attention from President Abdel Fattah Al-Sisi. He noted the president’s support for localising vital industries, including pharmaceuticals, and seeking new export markets such as the United States.