{"id":377844,"date":"2024-11-12T15:08:21","date_gmt":"2024-11-12T18:08:21","guid":{"rendered":"https:\/\/anba.com.br\/?p=377844"},"modified":"2024-11-14T15:08:18","modified_gmt":"2024-11-14T18:08:18","slug":"algerian-pharma-group-output-going-up","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/algerian-pharma-group-output-going-up\/","title":{"rendered":"Algerian pharma group output going up"},"content":{"rendered":"\n<p>S\u00e3o Paulo \u2013 Algeria\u2019s state-owned pharmaceutical group <a href=\"https:\/\/www.facebook.com\/groupesaidal\/?profile_tab_item_selected=about&amp;_rdr\" target=\"_blank\" rel=\"noopener\">Saidal<\/a> is getting ready to end 2024 with USD 23 billion in deals and to see between USD 32 billion and USD 35 billion next year as part of a portfolio expansion strategy designed to meet domestic market needs.<\/p>\n\n\n\n<p>Alg\u00e9rie Presse Service (<a href=\"https:\/\/www.aps.dz\/sante-science-technologie\/178613-saidal-un-chiffre-d-affaires-de-pres-de-23-milliards-de-da-prevu-fin-2024\" target=\"_blank\" rel=\"noopener\">APS<\/a>) reported on the topic on Monday (11) quoting statements from the company\u2019s CEO Wassim Kouidri at the Radio Alg\u00e9rienne Forum. The executive said Saidal grossed USD 19.6 billion last year.<\/p>\n\n\n\n<p>He also said the expected hike this year will be mostly driven by investments made into the group and by increased drug output, from 130 million units in 2023 to 135 million units in 2024. He said the company is looking to become a pharma industry leader in the Middle East and North Africa.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Increasing domestic production<\/h2>\n\n\n\n<p>According to the CEO, Saidal\u2019s strategy should help bring the rate of locally made medications from a current 70% to nearly 100% of domestic needs in five years\u2019 time. Koudri said the number of oncology drugs available from the company will go from 12 to 50 in the near future. As a result, Algeria should reduce imports thereof by USD 300 million per year.\u00a0<\/p>\n\n\n\n<p><em>Read more:<br><\/em><a href=\"https:\/\/anba.com.br\/en\/algeria-among-top-importers-of-brazilian-beef\/\" data-type=\"link\" data-id=\"https:\/\/anba.com.br\/en\/algeria-among-top-importers-of-brazilian-beef\/\">Algeria among top importers of Brazilian beef<\/a><br><a href=\"https:\/\/anba.com.br\/en\/algeria-joins-brics-bank\/\" data-type=\"link\" data-id=\"https:\/\/anba.com.br\/en\/algeria-joins-brics-bank\/\">Algeria joins BRICS Bank<\/a><\/p>\n\n\n\n<p><strong>Translated by\u00a0Gabriel Pomerancblum<a href=\"https:\/\/anba.com.br\/en\/reading-platform-seeks-partners-in-sharjah\/\"><\/a><\/strong><a href=\"https:\/\/anba.com.br\/en\/about\/\" target=\"_blank\" rel=\"noreferrer noopener\"><\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/anba.com.br\/en\/algeria-among-top-importers-of-brazilian-beef\/\" data-type=\"link\" data-id=\"https:\/\/anba.com.br\/en\/algeria-among-top-importers-of-brazilian-beef\/\"><br><\/a><\/p>\n<div class=\"credits-overlay\" data-target=\".wp-image-377840\">\u00a9Ryad Kramdi\/AFP<\/div>","protected":false},"excerpt":{"rendered":"<p>The state-run company Saidal should see an increase in business volume in 2024, and plans are in place for an even bigger leap in 2025 through portfolio diversification as part of a strategy geared at reducing medication imports to the Arab country.<\/p>\n","protected":false},"author":2316,"featured_media":377840,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[107],"tags":[2034,10514,51608,11786,51607,51609],"class_list":{"0":"post-377844","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business-opportunities","8":"tag-algeria","9":"tag-health-en","10":"tag-medicals","11":"tag-pharma","12":"tag-saidal-2","13":"tag-wassim-kouidri"},"wps_subtitle":"The state-run company Saidal should see an increase in business volume in 2024, and plans are in place for an even bigger leap in 2025 through portfolio diversification as part of a strategy geared at reducing medication imports to the Arab country.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/377844","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/users\/2316"}],"replies":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/comments?post=377844"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/377844\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media\/377840"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=377844"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=377844"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=377844"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}