Pharmaceutical sales in Egypt increased significantly during the first half of 2024, with Ali Aouf, head of the Pharmaceuticals Division at the Federation of Egyptian Chambers of Commerce, estimating the sales volume at more than 90 billion pounds.

According to his statements to “Al Arabiya Business”, this figure represents an increase of more than 45% compared to the same period of the previous year, as sales amounted to about 62 billion pounds.

Aouf explained that this significant increase came as a result of moving the prices of some pharmaceutical items in the last months of last year, the impact of which was clearly evident in the first three months of the current year. He also pointed out the introduction of new increases on some drug prices in the second quarter of this year.
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