SectionEgypt overview
Ibnsina Pharma (ISPH)
One of Egypt's largest pharmaceutical distributors.
TickerISPH
ExchangeEGX
SectorHealthcare
CurrencyEGP
About Ibnsina Pharma
Ibnsina Pharma, founded in 2001, is one of the largest distributors of medicines and healthcare products in Egypt. It delivers to pharmacies and hospitals across the country from a network of warehouses and distribution centres.
Distribution is a high-volume, low-margin business, so efficiency, working-capital management and the price of medicines are key.
Drug prices in Egypt are regulated, so government decisions on price increases, which often follow currency devaluations, have a direct effect on the company's revenue.