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Pharmaceutical Industry Palestine
Pharmaceutical Industry Palestine
Presented By: Talal Nasereddin Chairman
Bitzeit Pharmaceutical Co. Email: [email protected] www.bpc.ps
Presented By: Talal Nasereddin Chairman
Bitzeit Pharmaceutical Co. Email: [email protected] www.bpc.ps
Industry Brief
• Six Companies operate in Palestine since early 1970s
• Working Capital USD 160 Million Generic Manufacturing Companies
• Estimated market size is $130 million
Export Market
• 25% of total sales goes to export market(Germany, East Europe, MENA)
• Investment in Algeria
• Investment in Malta
Market share
Israeli
Foreign
Palestinian
Key Competitive factors
• Modern facilities and equipments
• Improved Management and Production Processes
• Continuous industry development through international certification (ISOs and GMP)
Industry Potential Growth Indicators
Industry Potential Growth Indicators
Window for Cooperation
• Diversification of products by introducing new products such as: Oncology, natural products, herbal medicine, food supplements, organ transplantation and specialty products as (Freeze dried products)
• Packaging
• Grow investments in Algeria
investment environment in Palestine
• Tax exemptions
• Free trade agreements with Europe, EFTA, USA, CANADA, Turkey, and the Arab Countries
• Italian government insurance and Funding