Italian, Indian Companies Express Interest to Invest in Pharmaceuticals in Ethiopia

bracco-zuviusBracco S.P.A. Healthcare International Group, an Italy-based company, and Zuvius Lifesciences Pvt. Ltd, an Indian pharmaceutical giant have expressed their interest to invest in Ethiopia.

Lelise Neme and Daniel Teressa, the Commissioner and Deputy Commissioner of the Ethiopian Investment Commission (EIC) have held an online discussion with the management of Bracco S.P.A., the Italy-based manufacturer of contrast agent medical substances. The company has shown interest to invest in the pharmaceutical sector in Ethiopia, EIC related in a tweet. EIC has explained the Ethiopian and regional pharmaceutical sector investment and market opportunities.

EIC's top management has also held a discussion with Zuvius Lifesciences Pvt. Ltd, the Indian company specializing in anti-cancer pharmaceutical formulation, pertaining to the company's interest to invest in the pharmaceutical sector in Ethiopia. During the discussion, EIC has briefed the company's management regarding the opportunities in the pharmaceutical and health sector in Ethiopia.

EIC's top management has reiterated the unwavering support of the commission to the companies seeking to invest in Ethiopia.

https://t.me/News2merkato 

https://www.linkedin.com/company/2merkato 


 

Source: Ethiopian Investment Commission