Servier Egypt celebrates Platinum Jubilee with expansion of state-of-the-art production line
Giza, Egypt: Servier Egypt, a leading player in the pharmaceutical industry and part of the global Servier Group, proudly marked its Platinum Jubilee in Egypt with the inauguration of an additional state-of-the-art production line and the launch of a groundbreaking health access program, "Access Cancer Treatment (ACT) for Children." These milestones coincide with the celebration of 70 years of Servier's global legacy.
The event was graced by prominent dignitaries, including Dr. Ali El Ghamrawy, Head of the Egyptian Drug Authority, Dr. Hesham Stait, Head of the Egyptian Authority for Unified Procurement. In his remarks, he highlighted the importance of public-private partnerships in achieving Egypt's Vision 2030, particularly in areas like localized production, increased exports, and innovative healthcare solutions.
For over five decades, Servier Egypt has been a trusted partner in the nation's healthcare journey, contributing to Egypt's Vision 2030 by prioritizing sustainable development, innovation, and expanding access to life-saving treatments. Today, Servier Egypt produces 25 million boxes for Egyptian patients annually.
Servier Egypt's pharmaceutical site, with its two manufacturing facilities located in 6th of October, is one of eight Servier Group pharmaceutical sites worldwide. It was established in 1994 with an initial capacity to produce 5 million boxes annually. Today, the site is celebrating 30 years of serving patients with the highest product quality and safety standards. Volumes have grown year-over-year, reaching 25 million boxes, of which 90% is dedicated to the local market and 10% is exported to nine countries across Africa and the Middle East.
In total, Servier has invested more than EGP 1.6 billion in its operations and production capacity in Egypt, of which EGP 370 million are being invested into a specific program, spanning 11 key projects focusing on capacity building, CSR, quality, safety and digital procedures. Extensive parts of this local-talent-led transformation have already been realized, including the installation of solar panels, a wastewater treatment system and a new high-speed packaging line.
At the end of the transformation program, the site will mark a significant 2030 milestone of producing 50 million boxes annually. While continuing to meet local healthcare needs, this capacity will open the door to increase Servier Egypt's exports in the region and external partners. These steps perfectly reflect Servier's ambition to position Egypt as a regional hub for high-quality pharmaceutical manufacturing and export excellence.
Samy Sinnuqrut, General Manager of Servier Egypt, stated, 'This milestone reaffirms our long-standing commitment to Egypt's Vision 2030. By investing in local production and innovation, we aim to enhance patient access to advanced treatments while contributing to Egypt's economic and healthcare priorities. Our goal is to provide cutting-edge medicines not only to Egypt but also to the wider region.'
Servier Egypt offers a diverse portfolio of 34 medicines, addressing a wide range of therapeutic areas to meet the evolving needs of Egyptian patients. The company is a leader in cardio-metabolism and venous diseases (CMVD), providing innovative solutions for hypertension, diabetes, and heart failure. Additionally, Servier has made significant strides in oncology, bringing life-changing treatments for metastatic colorectal cancer and pancreatic cancer to EGYPT—two areas where medical needs are urgent. Our mission does not stop here. We are actively working to bring two more state-of-the-art oncology treatments to Egypt
Servier also announced the debut of Access Cancer Treatment (ACT) for Children Initiative, a flagship health access program addressing childhood cancer disparities, in partnership with several organizations.
The ACT for Children initiative focuses on providing access to quality medical care, empowering healthcare professionals with advanced skills, and expanding availability of life-saving treatments.
'Through ACT for Children, we aim to create long-term infrastructure and sustainable healthcare solutions that ensure children everywhere have access to the care and treatments they need,' added Sinnuqrut. 'This is central to our Servier 2030 ambition to make a measurable, positive social impact.'
About Servier Egypt
Servier Egypt is a leading pharmaceutical company with a strong presence in Egypt and a commitment to improving patient health. They offer a comprehensive portfolio of 32 solid dosage form products, along with 2 specialized oncology medications. This diverse range of medicines addresses various therapeutic areas and meets the evolving healthcare needs of Egyptians.
For more information, please contact:
Asmaa Ghoneim
a.ghoneim@vantage.com.eg
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
TECHx
8 hours ago
- TECHx
Free ERP Is Like Building Your Own Car, Too Costly to Risk
Home » Expert opinion » Free ERP Is Like Building Your Own Car, Too Costly to Risk Free ERP may seem cost-effective, but it can undermine manufacturing, compliance & operational resilience in the Gulf. Choose a smarter solution. The manufacturing sector in the Gulf is in the midst of a major transformation. Driven by ambitious government initiatives like Saudi Arabia's Vision 2030 and the UAE's Operation 300bn, both nations are making significant strides to localise production, reduce reliance on imports, and diversify their economies beyond oil. Industrial tariffs, global supply chain shocks, and rising geopolitical uncertainty are only adding urgency to this agenda. Against this backdrop, both established players, and a new generation of manufacturing firms, are racing to scale up and modernise fast. One thing is clear: whether it's a greenfield factory or a seasoned industrial group looking to expand capacity, success increasingly hinges on operational resilience. And at the heart of that is enterprise resource planning (ERP). A robust ERP system provides the foundation for streamlined operations, cost control, real-time visibility, and regulatory compliance. But once a manufacturer reaches the point of selecting an ERP, a critical fork in the road appears, and the allure of a 'free' open-source ERP can be hard to resist. At first glance, it sounds like a win: no licence fees, complete flexibility, and the promise of building something tailored to your exact needs. But in reality, choosing a free ERP can be like deciding to build your own car from a pile of parts and a workshop manual. What begins as a cost-saving project often turns into a drawn-out, complex journey, one that diverts energy from growth and innovation, and instead sinks valuable time into building what already exists. 1. Customisation Comes at a Cost Imagine starting your journey by choosing every individual car part, engine, transmission, steering, electronics, with the idea of creating a bespoke vehicle. For a manufacturer choosing a free ERP, this is what customisation often looks like. The core system might be sound, but it won't include the specific features that manufacturers in the region depend on, from production routing and BOM management to work orders and cost tracking. That means building everything from the ground up. Just as fitting an engine into a chassis designed for a different model takes time and expertise, shaping a generic ERP into a manufacturing-ready platform requires developers, consultants, and plenty of trial and error. The longer it takes, the more momentum is lost and the further behind competitors you may fall. 2. Shallow Manufacturing Capabilities Even if you manage to assemble a working vehicle, you may find that key components are missing. You've got a frame and wheels, but no suspension system or air conditioning. That's the experience many manufacturers have with open-source ERP when they reach the shop floor. Core modules like scheduling, quality control, production monitoring, and maintenance are either overly simplistic or absent entirely. As a result, manufacturers are forced to bolt on additional tools or write bespoke code, much like trying to retrofit a car with critical systems it was never designed to support. And even then, performance may remain patchy and inconsistent. 3. Integration Becomes a Maze Now imagine trying to hook up your DIY car to a smart traffic system, fuel sensors, or a self-parking garage. It might be possible, but you'll need to engineer those connections yourself. The same is true for integrating open-source ERP with the array of industrial systems found on a modern shop floor, be it machine sensors, PLCs, MES platforms, or IoT-enabled equipment. Out-of-the-box integration is rarely available in open-source ERPs. Manufacturers must invest in middleware, write custom APIs, and test repeatedly to ensure systems communicate reliably. This complexity adds not only cost, but risk, particularly for manufacturers under pressure to move fast and scale operations smoothly. 4. Compliance Isn't Plug-and-Play Finally, consider roadworthiness. A car that technically runs is not the same as one that passes inspection, meets emissions standards, and complies with safety regulations. Likewise, many open-source ERPs fall short when it comes to supporting regulatory requirements out of the box. Whether it's ISO certifications, FDA traceability, or aerospace standards, compliance in manufacturing is rigorous and unforgiving. Adding these capabilities after the fact, building audit trails, validation rules, secure data logs, is expensive and risky. There's no guarantee your custom-built system will meet all criteria, and retrofitting those controls can be more complex than if they'd been embedded from day one. A Smarter Road for Manufacturers That's not to say free ERP has no merit. For tech-savvy start-ups with in-house developers and niche needs, it can be a springboard for innovation. But for most manufacturers in the UAE and Saudi Arabia, especially those scaling to meet national growth targets, a generic platform simply won't deliver the control, speed, and reliability required. The smarter route is to choose an ERP system that's been purpose-built for manufacturing, one that, like a car designed by engineers and built in a factory, includes all the core capabilities needed to operate safely, efficiently, and at scale. These systems offer integrated production control, quality management, and regulatory support as standard, not afterthoughts. They also come with pre-built integrations for industrial systems, reducing complexity and ensuring smoother implementation. Most importantly, they offer relevance from day one. Manufacturers don't need to spend months under the bonnet just to get the basics running. Instead, they can focus on delivering products, growing their business, and adapting to changing customer demands. Don't Let 'Free' Cost You the Future The manufacturing sector in the Gulf is on the cusp of something extraordinary. Governments are investing, demand is rising, and the region is fast becoming a serious industrial player on the global stage. But to seize this opportunity, manufacturers need to move with speed and confidence, not get bogged down with tools that slow them down. Choosing an ERP solution is a pivotal decision. And while 'free' can sound like a shortcut, it often turns out to be the long way around. In a market where timing and execution are everything, manufacturers simply can't afford systems that don't match their ambition. Like building a car from scratch, it's technically possible. But wouldn't you rather drive something built to go the distance? By Vibhu Kapoor, Regional Vice President – Middle East, Africa & India, Epicor
Arabian Post
13 hours ago
- Arabian Post
GCC Foreign Investment Poised for 2025 Slowdown
FDI inflows into the Gulf Cooperation Council economies are set to decelerate in 2025, according to S&P Global Market Intelligence, ending a decade-long surge. Investor apprehension, shaped by evolving US trade policy, subdued oil prices, and delayed economic diversification, is expected to weigh on international capital flows. Investor uncertainty stems partly from the US administration's tariff stance. Though current levies exclude energy products, supply‑chain disruptions and broader uncertainty remain. S&P highlights that a weak oil outlook, underpinned by anticipated oversupply from OPEC+, will erode hydrocarbon earnings, which have underwritten much of the region's investment capacity. GCC governments have pursued ambitious non‑oil strategies, channeling FDI into infrastructure, renewables, tourism, logistics and construction. Yet progress has been mixed. Major diversification initiatives, such as Saudi Arabia's Vision 2030 and the UAE's investment in advanced sectors, are advancing but their timelines have slipped, diminishing investor momentum. ADVERTISEMENT S&P forecasts that global FDI will experience a net negative effect, driven largely by the indirect consequences of US trade policy and weaker oil earnings. Given the GCC currencies' peg to the US dollar, fluctuations in the greenback could offset some pressures; a softer dollar would reduce costs for non‑US investors and enhance regional competitiveness. However, that advantage may be insufficient to counteract broader headwinds. Regionally, differing exposures emerge. Qatar is building on its robust liquefied natural gas sector, with plans to nearly double output over the next five years. That strategy helps offset oil's downturn, but broader diversification beyond energy remains crucial. In North Africa, Morocco and Egypt continue to attract FDI in renewables and tourism—a distinct dynamic from the GCC's energy transition. Economists warn that protracted low oil prices could impair sovereign investment capacity. S&P's ratings division lowered its Brent and WTI price assumptions by around US$5 per barrel for the remainder of 2025 to US$65–70. Such projections signal slower government-led capital expenditure, potentially straining non‑oil sectors that depend on public spending. Banking experts echo these concerns. While GCC banks exhibit strong capital positions and manageable exposure to external deposits, sustained low oil revenue could increase non‑performing loans and reduce credit growth, undermining economic resilience. Security remains a latent but significant risk. Ongoing geopolitical tensions involving non‑state actors and civil conflicts continue to threaten investor sentiment. S&P emphasises that even perceived instability could deter capital inflows and exacerbate existing vulnerabilities. Nevertheless, structural strengths provide a buffer. GCC economies benefit from strong government finances, policy reforms, and growing non‑oil sectors. Institutions like sovereign wealth funds and well‑capitalised banks add resilience, although their capacity to offset prolonged pressure remains untested. Moving ahead, policy responses will be pivotal. A weaker US dollar could partially stabilise FDI, while GCC nations may need to accelerate reforms—streamlining foreign business regulations, enhancing project transparency, and boosting incentives for private and foreign investment. Greater alignment with global trade frameworks and diversification of export revenues are also likely to attract long‑term capital.
Zawya
a day ago
- Zawya
KoçDigital advances regional industry at AMPC launch in Riyadh
KoçDigital has collaborated with Saudi Arabia's Vision 2030 through strategic partnership and AI-infused manufacturing technologies, supporting the AMPC and 'Lighthouse' Factory Initiative to advance industrial digital transformation in the region. Riyadh, Saudi Arabia – KoçDigital joined government and industry leaders at the official launch of the Advanced Manufacturing and Production Center (AMPC), a flagship project supporting Saudi Arabia's Vision 2030 designed to position Saudi Arabia as a global hub for advanced manufacturing. Hosted by H.E. Minister of Industry and Mineral Resources Khalil Bin Salamah and led by Deputy Minister Dr. Ahmad Zawawi, the AMPC launch event convened high-level participants from government, industry and technology, creating a powerful exchange for knowledge and collaboration across the region. KoçDigital Managing Director, Evren Dereci spoke at a panel titled 'Global Learnings of Developing Lighthouses and How Capability Centers Can Support', focused on how advanced manufacturing ecosystems and capability centers can act as catalysts for sustainable growth, global competitiveness, and digital excellence. 'We're delivering AI-infused manufacturing projects across the Middle East to improve productivity and resilience,' said Dereci during the session. 'By building strategic partnerships in Saudi Arabia and the broader region to co-create customized digital solutions, our mission is to enable manufacturers to operate in a more sustainable, competitive, and data-powered way.' AI leads the way in operational excellence, digital twins and smart supply chains A subsidiary of KoçSistem, KoçDigital drives 'Factories of the Future' initiatives by deploying AI-infused manufacturing analytics, operational excellence, digital-twin, and supply-chain planning at production sites across Türkiye, Saudi Arabia, and the wider Middle East. By forging strategic partnerships with leading industrial enterprises and public institutions, KoçDigital co-develops solutions for competitive operations, benchmarked against global standards—cementing its reputation as the region's trusted digital-transformation partner. 'Capability centers are key to accelerating digital adoption and upskilling industrial workforces. We believe in the power of cross-border collaboration — especially between regional powerhouses like Türkiye and Saudi Arabia, as well as other Middle Eastern manufacturers — to build a more connected and innovative industrial ecosystem,' Dereci explained. The AMPC's inauguration—together with the target of the first 20 'Lighthouse' candidate factories—ushers in a pivotal chapter for Saudi Arabia's Vision 2030, underscoring the commitment to next-generation manufacturing. About KoçDigital: KoçDigital is the region's premier Industry 4.0 transformation partner, specializing in AI-infused digital manufacturing, supply-chain planning and AI. A subsidiary of KoçSistem, KoçDigital accelerates digital journeys for organizations worldwide through IIoT-driven digital-twin platforms, AI-infused manufacturing-execution systems, and data-led decision-making tools. With more than 250 customers, the company couples sustainability and operational excellence with continuous innovation, empowering businesses to secure a decisive competitive edge in today's rapidly evolving digital landscape. Its track record includes multiple factories recognized in the World Economic Forum's Global Lighthouse Network, underscoring KoçDigital's ability to deliver at the highest international benchmark for industrial innovation.
