Abu Dhabi, United Arab Emirates, 23rd September 2020: Informa Markets, the organisers of the leading regional pharmaceutical event CPhI Middle East & Africa, (CPhI MEA), has announced the 2020 edition of the show will be held alongside the Global Health Exhibition (GHE) in Riyadh, Saudi Arabia on 26-28 September 2021
Under the patronage of HE Dr. Tawfiq Al Rabiah, Saudi Arabia’s Minister of Health, the move to Saudi Arabia and taking place in conjunction with GHE, will create a larger platform for the regional pharma community and underscores the commitment of the country to the global pharmaceutical industry.
Sherma Ellis, Brand Manager, CPhI Middle East & Africa, said: “CPhI Middle East & Africa aims to provide the regional pharma community with the optimum platform to grow and do business. After discussions at the highest levels, both internally and externally with our key partners and stakeholders, CPhI Middle East & Africa will now take place in September, alongside GHE and under the patronage of Saudi Arabia’s Ministry of Health.
“We believe this decision will offer all participants the highest value and maximise their return on investment, while also providing more networking opportunities and educational content to facilitate growth in the region.
“It also underscores the importance of the pharma market in the region by highlighting Saudi Arabia’s commitment to healthcare in the country, and its ambition to become a regional hub for multinational pharma companies,” she added.
GHE, the premier healthcare trade platform in Saudi Arabia for medical manufacturers, dealers & distributors, hospitals, and general healthcare service providers, attracts over 15,000 attendees, creating the ideal platform to do business with the global healthcare industry.
“The GHE is an ideal healthcare platform and provides perfect synergy with CPhI MEA. Bringing two successful brands together, we can empower the regional pharma market growth and better meet the pharma community's requirements. It also allows us to highlight innovation, content, and networking to its highest level,” said Ellis.
It is estimated that Saudi Arabia will contribute $10.7 billion or 24% towards MENA’s $44 billion pharma market by 2023. “So, clearly, there will be a wealth of business opportunities during the event,” added Ellis.
In recent years, a range of healthcare reforms has taken place in Saudi Arabia to support and incentivise pharma manufacturers. These include 100% foreign direct investment (FDI) into the sector, efforts to increase the total local pharmaceutical production by 20% by the end of 2020, the launch of e-visas to make the country more accessible, as well as opportunities for business expansion, due to the country’s reliance on imported pharmaceuticals.
Furthermore, socioeconomic factors, including increased medical insurance coverage, a growing population, higher living standards, and the incidence of non-communicable diseases are all driving additional demand for pharmaceuticals within the kingdom.
CPhI MEA is an umbrella brand, with tracks covering five main verticals in the pharmaceutical sector - CPhI for ingredients, FDF for finished dosage forms, ICSE for drug development and contract services, P-MEC for machinery, and InnoPack for packaging. Adopting an exhibition format, with a strong focus on government engagement, educational content, networking, and matchmaking, CPhI MEA’s proposition aims to bring a regional mix of 70% visitors and exhibitors from KSA and 30% from outside the kingdom.
It is the only pharma event in the region covering pharma manufacturing, bringing together nearly 4,000 key pharma suppliers and buyers, connecting local, regional, and international professionals from across the entire pharma supply chain, from ingredients to finished product distribution.
As part of Informa’s commitment to participants' safety at all events and exhibitions, the company has launched Informa AllSecure. The detailed set of enhanced measures, which includes ten priority commitments followed by all Informa events around the world, will provide the highest hygiene and safety levels to ensure the safety of attendees and staff.
For more information, please visit www.cphi.com
Notes to editors
CPhI drives growth and innovation at every step of the global pharmaceutical supply chain from drug discovery to finished dosage. Through exhibitions, conferences and online communities, CPhI brings together more than 100,000 pharmaceutical professionals each year to network, identify business opportunities and expand the global market. CPhI hosts events in Europe, North America, Korea, China, India, Japan, Southeast Asia and the Middle East, and takes place alongside ICSE for contract services, P-MEC for machinery, equipment & technology, FDF for finished dosage formulations, InnoPack for pharmaceutical packaging and BioPh for biopharma. CPhI provides an online buyer & supplier directory at CPhI-Online.com.
For more information visit: www.cphi.com
About Global Health Exhibition
Under the patronage of the Saudi Ministry of Health, Global Health Exhibition and Congress is the largest business and education platform for the healthcare industry to network, learn and do business in KSA.
Global Health provides the perfect platform for companies to promote their latest innovations in healthcare products and services to some of the region’s largest institutes and key decision makers. In its 2nd edition, the event welcomed 14,500+ healthcare providers, medical practitioners, manufacturers, eHealth experts, buyers, distributors and policy makers from GCC and the rest of the world establishing itself as a ‘must attend’ event in KSA.
For more information visit: www.globalhealthsaudi.com
About Informa Markets
Informa Markets creates platforms for industries and specialist markets to trade, innovate and grow. Our portfolio is comprised of more than 550 international B2B events and brands in markets including Healthcare & Pharmaceuticals, Infrastructure, Construction & Real Estate, Fashion & Apparel, Hospitality, Food & Beverage, and Health & Nutrition, among others. We provide customers and partners around the globe with opportunities to engage, experience and do business through face-to-face exhibitions, specialist digital content and actionable data solutions. As the world’s leading exhibitions organiser, we bring a diverse range of specialist markets to life, unlocking opportunities and helping them to thrive 365 days of the year. For more information, please visit www.informamarkets.com.