Bahrain Pharmaceuticals & Healthcare Q2 2020
Bahrain and other GCC governments will continue to invest in and develop their pharmaceutical industries to meet theincreasing demand for medicines in the region and decrease import reliance. The infrastructural benefits offered by the new cities,science parks and freezones, in addition to government incentives to attract companies to set up in the GCC, create a goodopportunity for multinational drugmakers to establish a direct manufacturing presence in the region. However, given the small scaleof the market, we believe that drugmakers will favour investment in the regions more dominant markets such as UAE and SaudiArabia.
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