Addis Pharmaceutical Factory
Stage
Private Equity | AliveTotal Raised
$42MLast Raised
$42M | 7 yrs agoAbout Addis Pharmaceutical Factory
Addis Pharmaceutical (APF) manufactures a significant number of pharmaceutical products across different therapeutic categories that it supplies primarily to the Ethiopian market. The company manufactures more than 91 high quality pharmaceutical products of different therapeutic categories including Antibiotics, Gastro-intestinal drugs, Central Nervous system drugs, Cardiovascular drugs, anti diabetic agents, Antihistamines and Anti allergic, Antihelminthics, analgesics, Antiprotozoals,Respiratory drugs, dermatologicalsand Minerals and Vitamins and Large volume Parenterals; in various dosage forms.
Missing: Addis Pharmaceutical Factory's Product Demo & Case Studies
Promote your product offering to tech buyers.
Reach 1000s of buyers who use CB Insights to identify vendors, demo products, and make purchasing decisions.
Missing: Addis Pharmaceutical Factory's Product & Differentiators
Don’t let your products get skipped. Buyers use our vendor rankings to shortlist companies and drive requests for proposals (RFPs).
Expert Collections containing Addis Pharmaceutical Factory
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Addis Pharmaceutical Factory is included in 2 Expert Collections, including Biopharma Tech.
Biopharma Tech
5,241 items
Companies involved in the research, development, and commercialization of chemically- or biologically-derived therapeutic & theranostic drugs. Excludes vitamins/supplements, CROs/clinical trial services.
Diabetes
1,903 items
Latest Addis Pharmaceutical Factory News
Jan 8, 2016
ACCEPT COOKIES We use cookies to create the best possible browsing experience for AltAssets website visitors. By closing this box you agree to the use of cookies according to our privacy & cookies policy . 54 Capital invests $42m in Ethiopia’s Addis Pharmaceutical Factory 8 Jan 2016 54 Capital, a private equity firm focused on investments in Africa, has backed Ethiopia’s drug manufacturer Addis Pharmaceutical Factory with $42m. The firm has made and initial investment of $30m with an option to provide further $12m in financing which Addis plans to use for improving production capacity and enhancing its product portfolio. With the local government putting a priority in its future development, Ethiopia’s pharmaceutical sector is expected to growth to $1bn by 2018 at the latest. Saad Aouad, founder and CIO of 54 Capital, said, ” The Ethiopia pharmaceutical sector is one of the most exciting industries in the country and is poised to witness a high level of demand in the coming years. “Through our investment into APF we will be both partnering with EFFORT, an investment group dedicated to transforming the Ethiopian business landscape, and investing into one of the leading companies in the country; marking our recognition of the importance of the sector in Ethiopia and our continued commitment to the country.” Founded in 2013 54 Capital is an Africa-focused asset management firm. In 2013, 54 Capital invested €5m into the largest private university in Morocco, UPM. Apart from the current deal it has so far invested around $35m into the FMCG sector in Ethiopia since 2014. In 2011, Aouad originated and took part in one of the largest private equity deals to date in Ethiopia – a $90m growth capital investment in the second-largest and only remaining independent brewery in the country. Copyright © 2016 AltAssets No related posts. AltAssets Mobile App To access the latest private equity news and stories download the new AltAssets mobile app from the
Addis Pharmaceutical Factory Frequently Asked Questions (FAQ)
Where is Addis Pharmaceutical Factory's headquarters?
Addis Pharmaceutical Factory's headquarters is located at 79 Adigrat, Tigray.
What is Addis Pharmaceutical Factory's latest funding round?
Addis Pharmaceutical Factory's latest funding round is Private Equity.
How much did Addis Pharmaceutical Factory raise?
Addis Pharmaceutical Factory raised a total of $42M.
Who are the investors of Addis Pharmaceutical Factory?
Investors of Addis Pharmaceutical Factory include 54 Capital.
Discover the right solution for your team
The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.