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Arab Finance – The Minister of Public Business Sector directs increasing production rates of new medicines and preparations


The Minister of Public Business Sector directs to increase production rates of new medicines and preparations

Arab Finance: Engineer Mohamed Shimi, Minister of the Public Business Sector, continued his periodic meetings with subsidiaries in various sectors to follow up on the implementation of work plans and the status of projects, and he met with the CEOs of the “Holding Company for Pharmaceuticals, Chemicals and Medical Supplies” companies, at the Ministry’s headquarters in the Administrative Capital.

During the meeting, Engineer Mohamed Shimi followed up on the monthly performance indicators of companies Pharmaceutical production And packaging, production rates, local sales volume and exports, the latest developments regarding the GMP project to comply with good manufacturing requirements, the position of exploiting available assets and capacities, investment opportunities and partnerships with the private sector, as well as future expansion and marketing plans to open new markets and increase export rates, in the presence of Dr. Ashraf El-Khouly. Executive Managing Director of the Pharmaceutical Holding Company.

Engineer Mohamed Shimi stressed the need to intensify work to increase production rates, work at maximum capacities, and make optimal use of available assets and resources, in a way that contributes to meeting the needs of the local market and exports. He directed to accelerate the pace of completion of modernization and development projects for the production lines of the subsidiary companies, in a way that ensures compatibility with international standards for good manufacturing and the requirements of the Medicines Authority. Egyptian, noting the great interest that the state attaches to supporting and developing the pharmaceutical sector and enhancing its production capabilities, pointing out the importance of developing sales and marketing policies to open new markets and increase exports, strengthening good and effective partnerships with the private sector, and studying the production of new products while adhering to quality standards and continuous development of products and attention. By developing the skills of the human element, and applying the Enterprise Resource Planning (ERP) program to improve and automate work systems.

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