The Holding Company for Pharmaceuticals, Chemicals and Medical Appliances is an Egyptian stock holding company established according to article two of Law 203 for the year 1991.
The company, through its 12 affiliated companies, can invest its capital in fields of manufacturing, importing, exporting, distribution and trade of Pharmaceuticals, chemicals, medical Appliances and Equipments.
The company can also invest by itself, and can participate by its own activities, and through its affiliated companies, in developing of the Egyptian National Economy within the general policy of the government.
To achieve its goals, the company has to:
(1) Establish affiliated companies and other share holding companies, either alone or by collaboration with other holding companies, public or private entities or individuals from Egypt or from abroad.
(2) Buy, sell or participate in the capital of share holding companies.Establishment and management of the company portfolio, including its shares, bonds, stocks and other financial means or assets.
(3) Support development efforts of affiliated companies and funding their research and development to maximize their profits.
(4) Take all measures that help to fulfill all or some of its goals including commercial agency affairs.