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OP plans to increase exports to 20% of production within 3 years

Wednesday 30 January 2019 01:55 PM

October Pharma
October Pharma

By Asma Sayed

October Pharma’s Managing Director Ahmed Zaghloul said he intends to raise export sales to 20% of total production by penetrating a range of new overseas markets. .

Zoghoul said in a statement to Al-Mal newspaper that the  exporting share of his company is now only about 10% of the total production, explaining that the period of doubling that proportion extends to 3 years due to routine procedures for the registration of preparations first in the country that the company wants to penetrate, before starting the actual export.

Zaghloul added that his company currently exists in a number of foreign markets, while seeking to strengthen its presence through tapping into Africa’s countries of, pointing out that OP is always keen to be present overseas, having recently opened a branch in the UAE