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Disruptions In Red Sea Shipping Routes Will Restrict Egypt-Based Drugmakers Access To Essential Raw Materials

Pharmaceuticals / Egypt / Thu 25 Jan, 2024

Key View

  • Trade disruptions in the Red Sea will negatively impact the chemical and pharmaceutical raw material sector.
  • Dwindling pharmaceutical raw material supplies will force Egypt-based drugmakers to operate at lower capacity.
  • In the near term, Egypt’s pharmaceutical market size will contract in USD terms, before restabilising in the
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