IFC, a member of the World Bank Group, is providing a debt financing package to Hikma Pharmaceuticals to help ensure smooth deliveries of medicines across the Middle East and North Africa amid the COVID-19 pandemic. The $200 million package is…
Regional competition is forcing Jordan’s pharmaceutical firms to up their game. By Nada Atieh Jordan’s pharmaceutical sector isn’t the biggest in the Middle East, but the head of the Jordanian Association for Pharmaceutical Manufacturers, Salah Mawajdeh, said it stands out…
Mohammad Ali Shahin wears many hats. He is the Chairman of the Jordanian Association of Pharmaceutical Manufacturers and Medical Appliances (JAPM), and is also the CEO of Jordan Sweden Medical and Sterilization Co. (Joswe) and the chairman of three manufacturers…
One of the world’s largest pharmaceutical companies, Sanofi-Aventis engages in research, development, manufacture, and marketing in the medical field. They operate in more than 100 countries and have a focus on chronic diseases. Sanofi boasts a commitment to the health…
If they really want to achieve sustainable economic growth, Jordan’s public and private sectors need to start seeing each other as allies rather than adversaries. By Laith Al Qasem Public–Private Dialogue (PPD) is an increasingly valuable tool that enables public…
After finding success locally, Jordanian skincare company Pella Pharmaceuticals is now aiming to expand further into foreign markets with its Derma product line. By Rebecca Irvine The pharmaceutical industry in Jordan is a strong one. You only need to look…
With plans in the pipeline that include a range of own-brand over the counter medication and toiletries, as well as Jordan’s first drive-through pharmacy, Amjad Aryan has big ambitions for his fast expanding chain. By Dina al Wakeel Amjad Aryan…
Hikma Pharmaceuticals plans to inject $30 million into digital health startups through a new global investment fund. By Rebecca Irvine Until March Hikma was a FTSE100 listed company, and remains the biggest pharmaceutical company in the Middle East. Now making a…
Mazen Darwazeh: Vice-Chairman and MENA CEO of Hikma Date of Interview: October 2013 Hikma is one of a handful of Jordanian companies that can truly be considered world class. In the first half of 2013, its revenues reached $638.3 million….
Momentum seems to be building behind Khaled Kanaan’s ambitious plan to break down barriers of entry into Iraq to promote greater cross-border trade, investment, and cooperation. But the prominent Jordanian businessman admitted that convincing more of his peers to bet…