Bolden African News · Tuesday 20 October 2026
Eastpharma signs agreement to take ownership of Sanofi's Cairo pharmaceutical plant
On 20 October Eastpharma and Sanofi Egypt signed a strategic manufacturing agreement under which Eastpharma will take ownership of Sanofi's plant in Cairo, which can produce about 124 million units a year. The value was not disclosed. On 25 October Eastpharma's CEO met the Egyptian Drug Authority to discuss new production lines and technology transfer.
Why it matters
It shows a global drugmaker handing local production to a regional owner in a market Ecofin puts at about $7.53 billion in 2025, with an export target of $3 billion by 2030.
Source: Ecofin Agency · 30 October 2026