Egypt

 

Germany’s pharmaceutical company STADA expands its presence in MENA region

STADA, a European pharmaceutical company based in Germany, has acquired the FITO™ trademark from Leo Pharma, a multinational Danish pharmaceutical company, to expand its consumer healthcare presence in the Middle East and North Africa (MENA) region.  International law firm Bird & Bird has advised STADA Group on acquiring the FITO business from Leo Pharma in an asset deal.

Egypt opens door to private sector in healthcare

In May 2024, Egypt approved a law permitting private management of public hospitals, aiming to improve services. While the new law represents a potential opportunity for new investors and international operators, there are a range of factors prospective partners need to consider before entering the Egyptian healthcare market.

Mubadala-backed M42 buying Diaverum “for $2bn+”

Swedish multinational dialysis firm Diaverum is being bought by M42, a joint venture between Abu Dhabi sovereign wealth fund Mubadala Investment Co and AI firm G42, for a reported $2bn-$2.5bn. Diaverum’s CEO tells HBI the deal offers further opportunities to develop its digital strategies, and international expansion. 

Japanese investors target African health care

An increasing number of Japanese investors are looking to invest in African health care. As Africa strives to increase accessibility to care and increase insurance coverage, we speak to an investor who things the Japanese model is a good fit.

IDH enters South Asian market

Integrated Diagnostics Holdings is acquiring a 50% stake in one of Pakistan’s largest diagnostics providers, entering the country for the first time.

New Egyptian GP hotline service getting 500 callers a day

MENA’s largest telehealth group, Altibbi, has launched a new telephone service in Egypt, with the aim of increasing access to GPs amongst poorer and more rural populations. We speak to CEO Jalil Allabadi to find out more.

Altibbi launches healthcare hotline in Egypt

Middle East digital health platform Altibbi is launching a premium telephone hotline to put patients in touch with a doctor, with payment taken by the minute as phone credit.

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