#pharmaceutical

Saudi, Abu Dhabi wealth funds team up on Egyptian drugmaker deal

Public Investment Fund and ADQ are weighing the purchase of Bausch Health’s Cairo-based drug unit

Mubadala Kohlberg PCI

Abu Dhabi’s Mubadala and Kohlberg acquire majority stake in PCI Pharma Services

Philadelphia-based PCI provides a range of integrated pharmaceutical supply chain solutions

Ras Al Khaimah pharma company Julphar launches Dhs500m rights issue

The new capital is also expected to help it expand operations in key markets in the region

Lenders to Shetty’s pharma firm are said to start debt talks

Creditors will also consider plans to bring in a new strategic investor to Neopharma to keep the business operating

UAE pharma Julphar resumes exports to Saudi after suspension

The kingdom banned Julphar’s products in September 2018 for failing to meet regional standards