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Swedish firm wins contract to build new EIPICO plant

The board of directors of the Egyptian International Pharmaceutical Industries (EIPICO) approved to assign the construction of the “EIPICO 3” plant building structure to the Swedish company “Pharmadule Morimatsu” for a total amount of $43.5 million with a margin of +/- 5%.

The EIPICO 3 plant is the largest and first factory in Egypt and the Middle East to produce biologicals and biosimilars alternatives and medicines.