Country for PR: United Kingdom
Contributor: PR Newswire Europe
Tuesday, September 15 2020 - 16:00
AsiaNet
MAGHREB PHARMA Expo to contribute to Algeria plans to export for US$ 5 billion locally produced drugs by 2025
ALGIERS, Algeria, September 15, 2020, /PRNewswire-AsiaNet/--

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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