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Hugill & Ip extends its support to the Outreach Legal Talks Initiative

HONG KONG SAR – Media OutReach – 28 July 2021 – OUTLET (Outreach Legal Talks Initiative) is an innovative project that provides free talks delivered by law students directly to underprivileged communities in Hong Kong. The pro-bono project was originally organised by a group of law students from the University of Hong Kong. PILnet has also strongly backed the project.

PILnet serves as the Secretariat of the Hong Kong Pro Bono Roundtable, which was created in 2014 to connect, activate, and coordinate pro bono lawyers in Hong Kong to maximize the impact of their efforts, such as mobilizing legal services, organizing joint interventions, and building a pro bono community.

This year Hugill & Ip Solicitors is collaborating with OUTLET to organise a series of Estate Planning legal talks – held as webinars and live seminars.

OUTLET aims to enhance social justice and equality through empowering the needy and helping to prevent legal problems. Under the supervision of legal professionals, law students design their own talks and deliver their insights to groups in community centres. Throughout June and July 2021, five different meetings have been held at HKSKH Western District Elderly Community Centre, The Salvation Army Chuk Yuen Centre for Senior Citizens and HKYWCA Ellen Li Elderly Community Centre. Each session was complemented by a Q&A session where solicitors from Hugill & Ip answered questions and interacted with the audience.

Students and solicitors introduced key legal issues to the elderly, specifically on matters related to areas of Estate & Probate law: including reversed mortgage, Wills and Probate, Advanced Medical Directives, guardianship, co-ownership, Enduring Power of Attorney, and annuity.

 

Alfred Ip – Partner at Hugill & Ip – commented: “It’s been amazing to help this project and contribute to the growth of many talented HKU students in terms of knowledge of Estate Planning matters, as well as supporting the local community with better awareness about the necessary steps to take in protecting themselves and their loved ones.”

 

Jacqueline Cheng – Associate at Hugill & Ip’s Private Client team – added: “I’ve been extremely excited to be part of this pro bono initiative and have relished the opportunity to answer questions, face-to-face and online, about real-life situations that many individuals face in their daily lives.”

 

Marco Raccuia – Head of Finance & Operations – noted: “This outstanding initiative not only fits Hugill & Ip’s commitment to social responsibility, but also adds tremendous value by spreading legal knowledge. Local elderly communities and their carers have been provided (and will continue to be provided) information on tools and protections available to achieve proper Estate Planning”.

 

Outreach Legal Talks main components are:

  • The need to bring information from online platforms directly to affected communities, and explain legal issues in plain language;
  • “Train the Trainer” effect: lawyers have limited time for pro bono legal talks, OUTLET instead invites them to train law students who are in the course of their legal studies and are more available to deliver talks;
  • Interactive Social workers educate students about community needs. Discussion and interaction with the audience during the outreach talks have a further empowerment effect for OUTLET participants.

Hugill & Ip will offer internships in Summer 2022 to a group of OUTLET students from The University of Hong Kong who have participated in this year Estate Planning legal talks. The firm will also continue to collaborate with the organization on future pro bono activities that benefit the community – in particular the elderly and their carers.

 

About OUTLET

OUTLET (Outreach Legal Talks Initiative) is an innovative project that provides free talks delivered by law students directly to underprivileged communities in Hong Kong. They have developed educational materials and have held several talks. The team was also invited to share their experience at PILnet Global Forum in 2018, as well as to showcase their projects at PILnet Virtual Global Forum in 2020. They are currently conducting their 4th cycle of talks.

#OUTLET

About Hugill & Ip Solicitors

Hugill & Ip Solicitors is an independent law firm providing bespoke legal advice and exceptional client service to individuals, families, entrepreneurs and businesses, in Hong Kong and internationally. Hugill & Ip provides high quality legal services with integrity, professionalism and respect for clients and the community. For more information, visit https://www.hugillandip.com

#HugilandIP

About PILnet

PILnet connects lawyers and civil society organizations to improve access to justice for vulnerable communities, such as children, refugees, and displaced people. It provides organizations with high-quality free legal assistance and resources, and develops opportunities for lawyers to provide meaningful pro bono. Moreover, PILnet trains law students, public interest lawyers, and corporate lawyers, including through its annual Student Competition in Hong Kong and fellowship programs. For more information, visit https://www.pilnet.org

#PILnet

Amazon Celebrates Local Businesses in Singapore for National Day

SINGAPORE – Media OutReach – 28 July 2021 – As part of this year’s National Day festivities, Amazon is recognising small and medium-sized businesses (SMBs) in Singapore and showcasing their success stories with a dedicated ‘Shop Local’ storefront on Amazon.sg. Shoppers can also immerse themselves in an interactive video to discover the stories of Hook Coffee, Jomingo, and Oddbods. The storefront features deals from SMBs across categories including home and home improvement, electronics, kitchen and dining, health and personal care, toys and games, groceries and more.

 

With Amazon’s latest 2021 study revealing that more than half of Gen Z Singaporeans are #ShopLocal fans, the curated storefront further builds on the strong Shop Local momentum from this year’s Prime Day (21 & 22 June), which delivered the two biggest days ever for small businesses on Amazon.sg. More than 17,000 small businesses participated in Prime Day 2021, of which 7,000 joined for the first time ever to enjoy record-breaking sales.

 

“Nurturing local businesses has always been at the core of our work at Amazon and goes hand in hand with our customer obsession. Our Shop Local storefront aims to directly connect brands and shoppers across Singapore, providing over 225 free tools to help SMBs get online and scale. We are very heartened by their success and will continue to expand our efforts to spur their growth, empowering local sellers to digitise, expand beyond our borders, and connect with consumers around the globe. As we celebrate our resilience this National Day, we hope that Singaporeans will continue supporting SMBs in Singapore,” says Bernard Tay, Country Leader, Amazon.sg Seller Services.

 

In addition to shopping from local brands and enjoying exciting deals during National Day, shoppers can participate in ‘The Great Local Giveaway’, a series of social contests on Amazon.sg’s Instagram page. They can explore products from six SMBs and participate in the contests to stand to win a gift set. More than 25 gift sets are up for grabs and ‘The Great Local Giveaway’ runs from 28 July to 20 August 2021.

 

Notable SMBs featured on Amazon’s dedicated Shop Local storefront include: Singapore’s first online coffee subscription service – Hook Coffee; plant-based and eco-friendly beauty brand – Jomingo; and toys offered by the Emmy-nominated animation series – Oddbods.

 

Hook Coffee

As the first e-coffee company to offer subscription services in Singapore, Hook Coffee makes fresh, quality speciality coffee accessible and more affordable to everyone. It was founded by two Singaporeans in 2016.

 

Today, not only are all its coffees ethically sourced and traceable, but Hook Coffee also launches a new flavour every month. Amidst the pandemic, it started hosting virtual workshops for those keen to learn more about coffee.

 

In just five years, the brand has expanded its product range from coffee beans and grounds to single-serve drip bags, Nespresso and Dolce Gusto compatible capsules, and bottled cold brew coffee.

 

Hook Coffee started offering its products on Amazon.sg in July 2020, relying on Fulfilment by Amazon (FBA) to sell and manage its stock and deliveries domestically. This year, it is looking to expand internationally with Amazon’s 20 global stores to reach over 150 million paid Prime members and hundreds of millions of active customer accounts worldwide.

 

“Amazon is a really good platform for start-ups keen to sell their products online and understand how the e-commerce business works. The dedicated account managers, coupled with services such as FBA, make it very easy for us to process orders, control inventory, manage marketing campaigns, and reach customers far beyond our network – without any compromise on the quality of our coffee. We’re excited to grow our reach and customer base with Amazon globally now – anything and everything is possible!” said Wayne Lai, CEO, Hook Coffee.

 

Enjoy 22% off on Hook Coffee Yaya Kakaya from now to 9 August 2021 via the Shop Local storefront here.

 

Jomingo

Jomingo was conceptualised after Singaporean founder Tan Jing Jun suffered rashes from conventional deodorants in university. This led her to develop her own formula of natural, plant-based deodorants that are eco-friendly. Today, Tan uses ingredients sourced from Asia, mostly Singapore, where possible, and takes pride in offering plastic-free packaging for her natural products.

 

Within a year, Tan has put Jomingo on the world map with Amazon – she started selling on Amazon.sg in October 2020 and quickly expanded to the UK in February 2021. Selling on Amazon has helped her to not only understand the strict regulations of a new country but also allowed her to manage her set up costs, build brand awareness, and fulfil orders for a whole new store and customer base.

 

This year, Tan hopes to expand her product line by offering a new variety of natural and eco-friendly products, and to sell online in more countries internationally.

 

Founder of Jomingo, Tan Jing Jun, said: “When I first started Jomingo, I could have never imagined being in Singapore and selling to customers all the way in the UK! But Amazon made it a reality very quickly and smoothly – guiding us closely on the tax regulations and policies of a foreign market and minimising our costs in building our brand in a new market. Managing order fulfilment and our supplies also became hassle-free as Amazon took care of the nitty-gritty so we could focus on understanding our new customers.”

 

Enjoy 15% off on Jomingo Natural Deodorant from now to 9 August 2021 via the Shop Local storefront here.

 

Oddbods

Oddbods, the three-time Emmy nominated animated series for pre-school kids, is currently broadcasted in over 180 countries and watched by millions of kids. The series is produced by Singapore-based studio One Animation and its toys have been sold on Amazon since 2019. Despite being a small animation studio with limited resources, Oddbods has fulfiled orders and expanded in eight stores internationally with Amazon, and can gather direct consumer feedback on its toys from Singaporean and global fans across the US, Europe, and Asia.

 

Last year, Oddbods enjoyed a 480% year-on-year increase in sales with Amazon and is now looking to expand in Indonesia, Mexico, Germany, Netherlands, Poland, Australia, and Singapore, to offer kids everywhere a great playtime experience with its toys.

 

“Selling globally on Amazon has allowed us to reach kids everywhere – from Singapore to Mexico to Poland. We use Amazon’s Pan-FBA services to ship our inventory while Amazon fulfils our orders in different countries. This has been very critical for our market expansion and growth to truly become a global brand,” said Amir Biran, VP of Digital & Ecommerce, Oddbods.

 

Enjoy 15% off on Oddbods Stuffed Plush Toys & Figurines from now to 9 August 2021 via the Shop Local storefront here.

 

Discover the wide range of selection and deals from local businesses on Amazon.sg here, with additional savings from the National Day sale, happening from 5 to 9 August 2021 here.

 

To find out more about selling on Amazon, visit: https://www.amazon.sg/sell.

 

About Amazon

Amazon is guided by four principles: customer obsession rather than competitor focus, passion for invention, commitment to operational excellence, and long-term thinking. Amazon strives to be Earth’s Most Customer-Centric Company, Earth’s Best Employer, and Earth’s Safest Place to Work. Customer reviews, 1-Click shopping, personalized recommendations, Prime, Fulfilment by Amazon, AWS, Kindle, and The Climate Pledge are some of the things pioneered by Amazon. For more information, visit Amazon.sg.

#Amazon

Residents Urge Government to Address Rising Cost of Living

Residents in Laos hit by rising cost of living

Residents and merchants in Vientiane Capital have urged the government to intervene and address the rising cost of living.

Laos Prepares for Reopening of Tourism Under New Normal Conditions

Laos Tourism

The government of Laos has instructed the tourism ministry to coordinate with localities around the country to prepare for the reopening of tourism under “new normal” conditions.

IoT Pioneer Wiliot Secures $200 Million Investment Round Led by SoftBank Vision Fund 2

With Softbank’s Vision Fund 2 backing, Wiliot will accelerate its mission to create a new era of IoT where intelligence and connectivity are brought to trillions of products that move through global supply chains – from crates, packaging, and pallets to clothes, medicine, and perishable goods.

SAN DIEGO, US – Media OutReach – 27 July 2021 – Wiliot, the Sensing as a Service company and Internet of Things (IoT) technology leader whose self-powered, stamp-sized computer is changing the relationship between manufactures and their products, announced today it received $200 million in a Series C funding round led by SoftBank Vision Fund 2[i] (“Softbank”).

 

Wiliot has created a platform that is built on Wiliot IoT Pixels and the Wiliot Cloud. Wiliot IoT Pixels are tiny low-cost, self-powered tags that attach to any product or packaging to sense a range of physical and environment data that is then fed into the Wiliot Cloud, where machine learning algorithms translate data into actionable insights for businesses across a range of industries. The Wiliot Cloud also ensures data remains secure, private, and authentic.

 

For decades, there has remained a massive gap as trillions of products travel billions of miles without any data being available as to their status, whereabouts, or situation. Lacking this information, global supply chains have been profoundly, and vulnerably, in the dark. Recognizing this, many leaders in consumer-packaged goods, pharmaceuticals, furniture, and apparel have been working with Wiliot to add their sensing capabilities, intelligence and connectivity.

 

Effectively, products that were off-line during their manufacturing, shipping and consumption journeys are now online, a reality that is changing the way products are made, distributed, sold, used, reused, and recycled.

 

Wiliot-enabled products and packaging can sense temperature, fill level, motion, location changes, humidity, and proximity. Wiliot IoT Pixels can be integrated into vaccine vials, food packaging, and more, bringing real-time transparency to the supply chain, and the ability for brands for the first time to understand inventory levels throughout their retail channels. They can even understand how their products are used in customers’ homes through a highly secure, privacy-protected platform.

 

This omniscient view of the supply chain built on people’s usage allows a new paradigm called Demand Chain, which promises to slash the required capital that’s non-productively tied up in inventories. Products will be able to self-reorder based on usage, accelerating the adoption of the “subscription economy” as brands transform their business models. 

 

Specifically for Taiwan, manufacturers have been searching for technologies that can help improve supply chain management for years. Coupled with the recent announcement made by Taiwan President Tsai Ing-wen in April 2021 that Taiwan is actively working towards carbon neutrality by 2050, enterprises are in eager search of IoT solutions to enable the transformation. Meanwhile, the need to keep stock for vaccination needs also encourages surging demand from the medical sector. Upgrades on post-COVID supply chain management has become a crucial topic within Taiwan.

 

All this will provide consumers with increased convenience, fresher, safer food, less waste, lower medical costs and a lower environmental impact.

 

“Wiliot has created a vision of the future of AI-enabled IoT, and we are delighted that SoftBank is supporting us in making this future a reality,” said Tal Tamir, Wiliot’s CEO. “IoT is a vision created around Things and our mission at Wiliot is to use cutting edge hardware, AI based sensing and an innovative business model to implement a safer and more transparent world, a world in which all the things around us help consumers use them better and suppliers avoid waste.”  

 

“By inventing the first hyper-scalable, self-powered computer that uses AI to sense the world, Wiliot is positioned to bring together the digital and physical” said Yanni Pipilis Managing Partner at SoftBank Investment Advisers. “We have always believed that with IoT and AI, people will live better and healthier lives – where any food or medicine has the ability to understand if it’s safe to use and communicate seamlessly with people. We are pleased to play a part in helping Wiliot dramatically scale the ever-expanding application of IoT globally.”

                                                      

Softbank joins existing investors that include 83North, Amazon Web Services, Inc. (AWS), Avery Dennison, Grove Ventures, M Ventures, the corporate VC of Merck KGaA, Darmstadt, Germany, Maersk Growth, Norwest Venture Partners, NTT DOCOMO Ventures, Qualcomm Ventures LLC, Samsung Venture Investment Corp., Vintage Investment Partners, and Verizon Ventures. As part of the investment, Amit Lubovsky, Investor for SoftBank Investment Advisers, will join Wiliot’s Board of Directors.

 

Wiliot will use the latest round of capital to grow its team and scale its channels for the forthcoming launch of its V2 product, which offers next-generation performance that will help accelerate its vision for a new IoT.

 

For more information and additional media assets go to www.wiliot.com/press.

 

[i] As of the date of this press release, SoftBank Group Corp. has made capital contributions to allow investments by SoftBank Vision Fund 2 (“SVF 2”) in certain portfolio companies. The information included herein is made for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy limited partnership interests in any fund, including SVF 2. SVF 2 has yet to have an external close, and any potential third-party investors shall receive additional information related to any SVF 2 investments prior to closing.

About Wiliot

Wiliot is a Sensing as a Service company whose cloud platform connects the digital and physical worlds using its IoT Pixel tagging technology, computers the size of a postage stamp that power themselves in revolutionary ways. Our vision is to expand the Internet of things to include everyday products, adding intelligence to plastic crates, pharmaceuticals, packaging, clothes, and other products, connecting them to the internet, changing the way things are made, distributed, sold, used, reused, and recycled. wiliot.com

#Wiliot

About 83North

83North is a global venture capital firm. The fund invests across all stages, in exceptional entrepreneurs, whose focus is to build global category leading companies. For more information visit www.83north.com and follow us on Twitter @83NorthVC.


About Avery Dennison


Avery Dennison Corporation (NYSE: AVY) is a global materials science company specializing in the design and manufacture of a wide variety of labeling and functional materials. The company’s products, which are used in nearly every major industry, include pressure-sensitive materials for labels and graphic applications; tapes and other bonding solutions for industrial, medical, and retail applications; tags, labels and embellishments for apparel; and radio frequency identification (RFID) solutions serving retail apparel and other markets. Headquartered in Glendale, California, the company employs more than 32,000 employees in more than 50 countries. Reported sales in 2020 were $7.0 billion. Learn more at www.averydennison.com.

About Grove Ventures


Grove Ventures is an early-stage venture capital investment firm which places significant emphasis on deep technology and partners with exceptional Israeli entrepreneurs. With a quarter-billion dollars under management across two funds, Grove invests in leading startups developing hard-to-replicate solutions at the intersection of technology, science and applicable market needs. Its investment thesis is based on the premise that IoT, AI and Cloud Computing create a new set of investment opportunities in multiple sectors, including semiconductors, Industry 4.0, digital health and cloud infrastructure, among others. The fund’s core principles are putting people first, close cooperation and value-creation. Grove’s team, built of experienced investors, veteran entrepreneurs, and company builders, provides startups with the needed support to become great companies. For more information, visit: www.grovevc.com

About M Ventures


M Ventures is the strategic, corporate venture capital arm of Merck KGaA, Darmstadt, Germany. Its mandate is to invest in innovative technologies and products with the potential to significantly impact the company’s core business areas. From its headquarters in Amsterdam and offices in the US and Israel, M Ventures invests globally in transformational ideas driven by great entrepreneurs. M Ventures takes an active role in its portfolio companies and teams up with entrepreneurs and co-investors to translate innovation towards commercial success. M Ventures has a significant focus on early stage investing and company creation including the creation of spin-offs to leverage the company’s science and technology base. For more information, visit www.m-ventures.com.

About Maersk Growth


Maersk Growth is the corporate venture arm of A.P. Moller – Maersk. Maersk Growth is investing and accelerating growth businesses to shape the future of trade, drive transformation in the logistics industry and support Maersk’s corporate vision of delivering seamless, end-to-end logistics services. For more information, please visit growth.maersk.com

About Norwest Venture Partners


Norwest is a leading growth equity and venture investment firm managing more than $7.5 billion in capital. Since our inception, we have invested in more than 600 companies. The firm invests in early to late stage companies across a wide range of sectors with a focus on consumer, enterprise, and healthcare. We offer a deep network of connections, operating experience, and a wide range of impactful services to help CEOs and founders advance on their journey. Norwest has offices in Palo Alto and San Francisco, with subsidiaries in India and Israel. For more information, please visit Norwest. Follow Norwest on Twitter @NorwestVP.

About Qualcomm Ventures


Qualcomm Ventures, acting through Qualcomm Ventures LLC or its affiliated entities, has been making strategic investments in technology companies that have the potential to dramatically transform our world since 2000. As a global investor, we look to help entrepreneurs build revolutionary businesses that reshape the world around us. For more information please visit: www.qualcommventures.com

About NTT DOCOMO Ventures


NTT DOCOMO Ventures, the NTT Group’s corporate venture capital firm, aims to accelerate innovation for creation of new services, disruptive technologies and innovative processes serving as a primary channel for startup companies and venture communities on behalf of the NTT Group, Japan’s leading ICT service provider. We proactively enhance cooperation with exceptional entrepreneurs on a worldwide scale by providing capital from our corporate venture funds and vast business development opportunities with the NTT Group companies. For more information please visit:

http://www.nttdocomo-v.com/en/

About Verizon


Verizon Communications Inc. (NYSE, Nasdaq: VZ) was formed on June 30, 2000 and is one of the world’s leading providers of technology, communications, information and entertainment products and services. Headquartered in New York City and with a presence around the world, Verizon generated revenues of $128.3 billion in 2020. The company offers data, video and voice services and solutions on its award-winning networks and platforms, delivering on customers’ demand for mobility, reliable network connectivity, security and control.

About Vintage


Vintage Investment Partners is a global venture platform managing $2.4 billion across venture Fund of Funds, Secondary Funds and Growth-stage Co-investment Funds focused on venture in the U.S., Europe, Israel and Canada. The firm is invested in the world’s leading venture funds and growth stage tech startups striving to make a lasting impact on the world, and has exposure directly and indirectly to over 2,250 technology companies. Vintage leverages its unmatched network, and a database of over 10,000 companies to provide the Value-Added Services (VAS), a free-of-charge service, connecting venture-backed technology startups to corporations seeking innovation. VAS has a proven model that has so far helped generate over 200 POs and POCs globally exceeding $100 million in revenues for its startups. To learn more about Vintage visit: https://www.vintage-ip.com/about/; Social Media: LinkedIn; Twitter

China Dynamics Changes Name to Ev Dynamics

HONG KONG SAR – Media OutReach – 27 July 2021 – China Dynamics (Holdings) Limited (the “Company”, Stock Code: 476, together with its subsidiaries, collectively “China Dynamics” or the “Group”), which provides new energy vehicles and technology integrated solutions, has changed the name of the Company from “China Dynamics (Holdings) Limited” to “Ev Dynamics (Holdings) Limited” and the secondary name of the Company in Chinese from “中國動力(控股)有限公司” to “科軒動力(控股)有限公司” to better reflect the current status of the Group’s business development and its direction of future development.

 

Mr. Miguel Valldecabres Polop, CEO of Ev Dynamics, said, “The Group is to globalise its electric vehicles to world markets, including and not limited to Mainland China, Hong Kong, Asia Pacific and South America. Through the dynamic environment of pure electric vehicle development, it is also the Group’s aim to become an environmentally friendly enterprise. We believe that the new name can provide the Company with a more appropriate corporate image and identity which will benefit the Group’s business development.”

 

The stock short name of the Company for trading in the shares on The Stock Exchange of Hong Kong Limited will be changed from “CH DYNAMICS” to “EV DYNAMICS” in English and from “中國動力控股” to “科軒動力控股” in Chinese with effect from 27 July 2021.

 

About Ev Dynamics (Holdings) Limited (Stock Code: 476)

Ev Dynamics (Holdings) Limited is a pioneer and a prominent player in China’s new energy commercial vehicles market, as well as a whole-vehicle manufacturer of specialty passenger vehicles and new energy passenger vehicles. It is an integrated driving and logistics solutions provider with a solid technological foundation in diverse areas including new energy platform power system and its key components. The Group has production base in Chongqing and it has developed its sales network in Mainland China, Hong Kong, Asia Pacific and South America.

#EvDynamics

Government to Continue Compensating Residents Affected by Laos-China Railway

Laos-China Railway compensation

The Lao government will provide over LAK 465 billion in compensation to those who have been affected by the Laos-China railway project.

EVA Pharma: Supporting India Amid COVID-19 Surge

CAIRO, EGYPT – EQS Newswire – 27 July 2021 – EVA Pharma’s (www.EVAPharma.com) timely shipments of Remdesivir reached India during a major wave of coronavirus cases.

When India experienced an unexpected COVID-19 surge this spring, the rapid increase in cases put pressure on the local pharmaceutical industry to supply the medicines needed. In April, EVA Pharma signed a contract with the Indian government to export 300,000 vials of Remdesivir, an approved treatment for coronavirus, to meet the urgent needs there.

Six shipments of Remdesivir were flown to Mumbai between May and June and were subsequently dispatched to hospitals across India, reaching patients everywhere from major cities to the remote archipelago of Lakshadweep.

“I’m glad to say that the six consignments in which the Remdesivir was dispatched to India were not only sent on schedule but in all cases before the schedule,” commented Ambassador Ajit Gupte, India’s envoy to Egypt. “This was a period when the caseload was very high in India, and the shipments would have helped to save a lot of lives.” 

EVA Pharma is the only company in the Middle East or Africa that has been granted a voluntary license to produce and distribute Remdesivir by Gilead Sciences, Inc, the owner of the molecule. The production lines at the EVA Pharma facility in Haram, Cairo, are certified by the European Medicines Agency (EMA), enabling the company to export its products globally. 

COVID-19 cases in India have since declined, reducing the immediate pressure on local health systems and supply lines. Cases in other countries have gone up in recent months, however, especially due to the spread of the Delta variant. As a result, EVA Pharma has increased its exports of Remdesivir to other Asian countries such as Indonesia.

“We are proud to support COVID-19 efforts both in Egypt and around the world by manufacturing Remdesivir at our world-class manufacturing facility in Cairo,” said Dr. Riad Armanious, CEO of EVA Pharma. “With our monthly production of Remdesivir now amounting to 1.5 million doses, we are able to meet the local needs of Egyptian patients while also helping other countries tackle this crisis. In fact, we now supply more than 20 countries around the world with Remdesivir.”

The success of the cooperation between EVA Pharma and India highlights the potential for further fruitful collaboration between emerging economies, especially during times of need.

“As developing countries, what I can say is India and Egypt face similar challenges,” said Ambassador Gupte. “One of the challenges we face is how we can provide affordable health care to our millions of people because we are populous countries. Cost is important. So I think the closer the cooperation between India and Egypt, the more we will be able to help provide basic needs for the people of our countries.” 

About EVA Pharma

EVA Pharma, one of the major multinational pharmaceutical companies headquartering in Cairo, Egypt while operating in more than 40 countries and one of the fastest-growing pharmaceutical companies in the MENA region. The company has partnerships with some of the leading international pharmaceutical names the world over and has a presence in 41 countries throughout the region. With a 3,000-strong team of some of the region’s most competent pharmaceutical professionals, EVA Pharma produces an average of 350,000 packs of more than 185 different drugs daily. Its state-of-the-art facilities are equipped with cutting-edge technology and are internationally recognized for innovation and the highest international quality standards.

To learn more about EVA Pharma, please visit: www.EVAPharma.com

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#EVAPharma