Egypt seeks Indian help for upgrading ambulances, reviving serum factory

New Delhi
25 October 2007

Egypt is looking forward to upgrading ambulances with Indian
assistance and has invited India to help revive a serum factory that stopped production
some years ago, according to an Egyptian minister visiting New Delhi.

The Egyptian minister of health and population, Dr Hatem El Gabaly, on Wednesday held
talks with Union Minister of Health and Family Welfare Dr Anbumani Ramadoss. He also
interacted with the representatives of certain Indian pharmaceutical companies.

"I've come to India to explore new ways of cooperation between Egypt and India in the
fields of manufacturing of vaccines and serum and other medicines through the use of
advanced technology available in both Egypt and India," he said on the occasion.

"I discussed ways of attracting Indian pharmaceutical companies to invest in the
Egyptian pharmaceutical market," the minister added. The Egyptian pharmaceutical
industry is estimated to be valued at two billion dollars a year.

Dr Ramadoss and Dr Hatem El Gabaly discussed how to enhance South-South
cooperation in the field of health and pharmaceuticals, besides collaboration in the area
of research and development in which India has vast experience.

Egypt is looking to India or Cuba for assistance in reviving a serum factory which
stopped production eight years ago. The factory was established in 1948. Egypt is also
keen on cooperating with India in combating avian flu.

Egypt believes it can be a gateway for the Indian pharmaceuticals industry to establish
itself in the African continent. Egypt imports raw materials worth about 25 million dollars
per year from India for use in its medical industry.

No comments:

Post a Comment