MENA Pharma Market To Top US$44 Billion By 2020

UBM EMEA, the organiser of the leading global pharmaceutical exhibition CPhI, has announced the Middle East and Africa edition will make its regional debut in the UAE capital at the Abu Dhabi National Exhibition Centre (ADNEC) from 3-5 September 2018.

CPhI Middle East & Africa is the region’s leading platform that brings together pharma ingredients, product manufacturers, suppliers and buyers covering every step of the pharma supply chain from drug research and discovery to finished dosage. Supported by Abu Dhabi Chamber of Commerce and Industry, the event is set to attract attendees from the Middle East and Africa (MEA), of which the MENA region accounts for 4% of the global pharma market, and the rest of the world.

Over 200 local, regional and international exhibitors from more than 30 countries are expected to attend the three-day showcase. In addition to the global network of exhibitors, the event is expected to attract over 5,000 participants, more than 50 per cent of which are expected to come from the MEA region.

Key growth drivers are attributed to a growing population, and greater investment in healthcare by governments. Some of the strongest governments’ investment in infrastructure include the implementation of health insurance and privatisation systems; development of medical tourism infrastructures; development of domestic manufacturing; and access to innovative drugs.

Looking forward, new innovative drugs to come on the MEA market will be related to obesity and hypertension, while the region supports a strong opportunity for producing drugs for orphan and rare diseases.

“Despite plentiful opportunities, the region is also one of the most complex markets to operate in, due to varying rules, standards and systems, across regulatory, market access, and pricing points. In addition to providing a platform to meet, and to do business, CPhI Middle East & Africa will also offer high-level content, and insights into

developing strategies for overcoming these challenges.” said Cara Turner, Brand Director.

“The exhibition is designed to increase partnerships and business opportunities on both a local and international level, this in turn will have a significant impact on increasing the value of the MENA pharma market to over US$44 billion by 2020 with this exhibition serving as a platform to further increase the value of the market in this region,” she added.

The exhibition is broken down into five distinct sectors of the pharmaceutical industry:

• CPhI: Brings together buyers, manufacturers and suppliers of pharmaceutical ingredients
• FDF: Meet with manufacturers from every aspect of the finished dosage supply chain
• ICSE: Connects the pharma community with CRO and CMO companies and technologies
• P-MEC: Showcases the newest pharmaceutical machinery, equipment and technology providers
• InnoPack: Hosts the latest innovations in packaging, integrated solutions and drug delivery systems

The event takes place from 3-5 September at the Abu Dhabi National Exhibition Centre. For registration or further information please visit www.cphi.com/mea.