Egyptian president Abdel Fattah El Sisi stressed that having the ability to manufacture medicine was a vital matter that goes beyond the idea of cost and profits, saying that the state was ready to provide all facilities for the medicine industry, especially oncology drugs and to encourage the private sector.
In remarks during the opening of the Gypto Pharma City in el-Khanka, Qalyubia governorate, President Sisi said that Egypt sought to produce 100 per cent local oncology drugs by providing financial and technological allocations and raw materials.
He also indicated that the government was ready to take all necessary measures to localise the pharmaceutical industry in Egypt.
The Gypto Pharma City is one of the most important national projects that the Egyptian state is implementing in order to possess modern technological and industrial capacity in this vital field, allowing citizens to obtain high-quality and safe drug treatment and preventing monopoly.
It is also one of the largest cities of its kind in the Middle East as it is built on an area of 180,000 square metres, and is equipped with the state-of-the-art technologies and systems in drug production to become a regional centre that attracts major international companies in the field of pharmaceutical and vaccine industries.
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