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Riad & Riad

25 ABDEL-MONEEM RIAD ST, DOKKI, CAIRO, EGYPT
Tel:
Work +20 2 3365 8064
Fax:
Fax +20 2 3365 8065
Email:
Web:
www.riad-riad.com
Cairo, Giza

Press releases and law firm thought leadership

This page is dedicated to keeping readers informed of the latest news and thought leadership articles from law firms across the globe.

If your firm wishes to publish press releases or articles, please contact Shehab Khurshid on +44 (0) 207 396 5689 or shehab.khurshid@legalease.co.uk

 

LEGAL FRAMEWORK OF THE PHARMACEUTICAL SECTOR IN EGYPT

November 2018. Press Releases by Riad & Riad (view listing).
  • Introduction
  • Regulatory Authorities
  • Licensing Pharmaceutical Entities
  • Warehousing
  • Selling Pharmaceutical Factory
  • Drug Registration
  • Drug Marketing & Advertisement
  • Drug Pricing
  • Scientific Offices
  • Drug Manufacturing
  • Drug Distribution
  • Drug Importation
  • Drug Exportation

INTRODUCTION

Having an effective and enforceable legal structure for the pharmaceutical sector is an essential element in achieving the country's goals of accessibility, quality, and rational use of medicine.

This report aims to review the current pharmaceutical sector-related legal provisions in Egypt. The pharmaceutical sector in Egypt is mainly regulated by law No. 127 of 1955 on the Pharmacy Profession (“Pharmacy Law”) and other decrees and internal circulars issued by MoH and its affiliated bodies.

One of the constitutional rights under the Egyptian Constitution, as amended in 2014, is the healthcare right. Part of the healthcare right is the accessibility of medicines in an equal manner and at affordable prices. The Constitution mandates on the Government to spend at least 3% of the GDP on healthcare. Such percentage is supposed to gradually increase to reach the international standards.

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RELEASE OF EGYPT'S FIRST CENTRAL MOVABLE COLLATERAL REGISTRY

August 2018. Press Releases by Riad & Riad (view listing).

The Egyptian Financial Regulatory Authority (“FRA”) announced the launch of the Egypt's first central movable collateral registry.

Egypt had its first Movable Collaterals Law on 15 November 2015 (Movable Collaterals Law no. 115/2015), and the Ministry of Investment passed the Executive Regulations On 15 December 2016.

The law introduced an overarching system for taking non-possessory security over diversified movable assets. It aims at facilitating access to credit through a well-defined legal regime that is in line with the international standards, such as those established by the United Nations Commission on International Trade Law (UNCITRAL) and by the World Bank.

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Legal Developments by:
Riad & Riad

  • EGYPT'S NEW BANKRUPTCY LAW

    On 19 February 2018, a new law no. 11/2018 was issued regulating the restructuring, preventive reconciliation and bankruptcy in Egypt (the"  Bankruptcy Law "). The law entered into force as of 22 March 2018.
    - Riad & Riad

Legal Developments in Egypt

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to