The Egyptian government is in talks with India’s BDR Pharmaceuticals to set up a local facility for the production of biologics and cancer medications, according to a news report.

The proposed facility aims to significantly lower the country’s import bill for specialty drugs - particularly oncology treatments - which place considerable pressure on the national budget and foreign currency reserves, Minister of Health, Khaled Abdel Ghaffar, told Daily News Egypt.

He called for stakeholders to set a clear timeline and expedite the registration of products through the Egyptian Drug Authority.

No details in the factory were disclosed.

(Writing by P Deol; Editing by Anoop Menon)

(anoop.menon@lseg.com)

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