Market News

Swiss drugs giant launches 15 products in Kenya
Swiss drugs giant launches 15 products in Kenya
21 October 2015

Kenya is the first country to benefit from a portfolio of 15 affordable medicines to treat cardiovascular diseases, diabetes, respiratory illnesses, and breast cancer. “Novartis and Kenya have a relationship of more than 40 years, so I am delighted that Kenyan patients will be the first to . . .

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Africa now begins to attract health and wellness professionals
Africa now begins to attract health and wellness professionals
9 October 2015

 Viva Gym, a low-cost fitness franchise, will open its fourth club this October at The Zone in South Africa .This further expands the popular Centre’s offering to customers in the heart of Johannesburg’s most cosmopolitan commercial and residential suburb.   “Like Sandt . . .

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GE Healthcare Commits $300 Million to Emerging Market Health
GE Healthcare Commits $300 Million to Emerging Market Health
25 September 2015

E Healthcare, the $18 billion healthcare technology division of GE (NYSE: GE), announced the creation of a new business unit, Sustainable Healthcare Solutions (SHS), that will develop high-value, low-cost technologies and healthcare delivery solutions across multiple care settings. The new organ . . .

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Hikma Pharmaceutical to buy Egyptian pharma firm EIMC United
Hikma Pharmaceutical to buy Egyptian pharma firm EIMC United
23 September 2015

Hikma Pharmaceutical Plc has announced plans to buy nearly the entire share capital (98.09%) of EIMC United Pharmaceuticals from a consortium of shareholders to boost its position in the Egyptian market.   EIMC United is based in Egypt and is primarily a drug maker specialising in oncology pr . . .

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Resolve wins $7.6m bid for pharmaceutical warehouse in Mozambique
Resolve wins $7.6m bid for pharmaceutical warehouse in Mozambique
23 September 2015

Resolve Capacity has won a USAID Mozambique tender to design and build a regional pharmaceutical warehouse in Nampula, Mozambique, with a budget of $7.6 million.   Started in August 2015, and over a period of 18 months, Resolve Capacity will design and build the warehouse and surrounding faci . . .

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