MAGHREB PHARMA Expo to contribute to Algeria plans to export for US$ 5 billion locally produced drugs by 2025

MAGHREB PHARMA Expo

PR85531

 

ALGIERS, Algeria, September 15, 2020, /PRNewswire=KYODO JBN/--

 

Easyfairs Northeral, the organizer of MAGHREB PHARMA Expo has announced new

dates for its annual international tradeshow for the pharmaceutical industry in

North Africa. In this context, the Algerian Pharmaceutical Industry Minister,

Lotfi Benbahmed, announced end of August in Algiers that Algeria plans to

export the equivalent of $ 5 billion worth of locally produced drugs. An approach

that will be based on local producers and even on foreign pharmaceutical

companies present in Algeria : "By 2025, Algeria, through the capacities of its

pharmaceutical industry, plans to export quantities of drugs equal to that

which it imports, to rebalance its accounts," he indicated.

 

MAGHREB PHARMA Expo, the largest pharmaceutical technology tradeshow

in Africa, will be organized from 9 to 11 February 2021 in Algiers International

Conference Center. Gathering over 200 international exhibitors from 25 countries,

this tradeshow brings all ingredients, packaging, production lines, clean room,

turnkey project and laboratory equipment suppliers at the same place to contribute

to the acceleration of the local manufacturing capacities.

 

The organizer of MAGHREB PHARMA Expo, Olivier-Hicham Allard explains:

"This mission-driven event has been supporting the development of the local

pharmaceutical manufacturing capacities in North Africa for 8 years and

contributed actively to switch the drug importation costs into local

manufacturing investments. We are observing an exciting evolution where local

manufacturers focused in the beginning on pure generic products but are now

increasingly looking to extend their portfolio by exploring  biotechnology

manufacturing equipment, OTC products ingredients, food supplement formulas,

innovative packaging, medical device and even dermocosmetics. We are deeply

convinced that Algeria and the whole Maghreb region, thanks to its strategic

position between Africa and Europe can become one of the largest pharmaceutical

manufacturing hub in the world. Our mission as organizers of this event is to support

the local pharmaceutical industry as much as we can to achieve this objective."

 

MAGHREB PHARMA Expo is taking place from 9 to 11 February 2021 in Algiers

International Conference Center. Over 2800 professionals and decision makers

from North Africa will meet +200 exhibitors on 9000 m² and will be able to

attend +30 conferences. For detailed information about the event or to register

online, please visit www.maghrebpharma.com 

 

Logo - https://mma.prnewswire.com/media/1252194/MAGHREB_PHARMA_Expo_Logo.jpg 

 

SOURCE: MAGHREB PHARMA Expo

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