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