Indian and Italian Companies express interest in investing in Pharmaceutical Companies.

November 16, 2021

Bracco S.P.A. Healthcare International Group, located in Italy, and Zuvius Lifesciences Pvt. Ltd, a pharmaceutical conglomerate based in India, has shown interest in investing in Ethiopia. The Ethiopian Investment Commission’s (EIC) Commissioner and Deputy Commissioner, Lelise Neme and Daniel Teressa, had an online conversation with the management of Bracco S.P.A., an Italian maker of contrast agent medicinal chemicals. According to EIC, the corporation has expressed interest in investing in Ethiopia’s pharmaceutical sector. Ethiopian and regional pharmaceutical sector investment and market potential have been explained by EIC. The Ethiopian Investment Commission’s (EIC) Commissioner and Deputy Commissioner, Lelise Neme and Daniel Teressa, had an online conversation with the management of Bracco S.P.A., an Italian maker of contrast agent medicinal chemicals. According to EIC, the corporation has expressed interest in investing in Ethiopia’s pharmaceutical sector. Ethiopian and regional pharmaceutical sector investment and market potential have been explained by EIC. Zuvius Lifesciences Pvt. Ltd, an Indian business specialized in anti-cancer pharmaceutical formulation, has also met with EIC’s top management to explore the company’s interest in investing in Ethiopia’s pharmaceutical industry. During the meeting, EIC informed the company’s management about the prospects in Ethiopia’s pharmaceutical and health sectors. The EIC’s top management has reaffirmed the commission’s unflinching support for enterprises wishing to invest in Ethiopia.

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