EBRD, partners acquire Egypt’s Adwia Pharmaceuticals – EgyptToday

SourceEgypt Today
SectorTechnology
CountryEgypt

The European Bank for Reconstruction and Development - Photo courtesy of EBRD official website CAIRO – 16 November 2020: The European Bank for Reconstruction and Development (EBRD) announced Monday the acquisition with other partners of Egypt’s Adwia Pharmaceuticals company with total worth of $250 million.   EBRD clarified in a statement that this acquisition is to improve the availability and affordability of medicines, using an investment platform with an initial capital commitment of $250 million.   “It is committing $75 million to support the company’s growth ...read more...