Pharmaceutical Industry Palestine Presented By: Talal Nasereddin Chairman Bitzeit Pharmaceutical Co. Email: ceo@bpc.ps www.bpc.ps Industry Brief • Six Companies operate in Palestine since early 1970s • Working Capital USD 160 Million Generic Manufacturing Companies • Estimated market size is $130 million Export Market • 25% of total sales goes to export market(Germany, East Europe, MENA) • Investment in Algeria • Investment in Malta Market share Israeli Palestinian Foreign Key Competitive factors • Modern facilities and equipments • Improved Management and Production Processes • Continuous industry development through international certification (ISOs and GMP) Industry Potential Growth Indicators Industry Potential Growth Indicators Window for Cooperation • Diversification of products by introducing new products such as: Oncology, natural products, herbal medicine, food supplements, organ transplantation and specialty products as (Freeze dried products) • Packaging • Grow investments in Algeria investment environment in Palestine • Tax exemptions • Free trade agreements with Europe, EFTA, USA, CANADA, Turkey, and the Arab Countries • Italian government insurance and Funding