- Arab drug company for pharmaceuticals was established in 1963, It is an Egyptian joint venture company having a long history of achievements since its foundation as it is considered as one of the leading companies in pharmaceutical drug manufacturing in Egypt and the Arab world.
Adco Co. has a unique competitive advantage for being the first producer and a specialized pioneer for the production of inhalers and sprays in Egypt and the Middle East.
The aerosoles manufacturing line was primarily founded in early nineties and was using Freon gas as a carrying base in its production, but in year 2006, Egypt had signed on “Montréal agreement” for fighting environmental damage caused by Freon , since that commitment, the company has worked hard to exchange this gas to another environmentally friend one, and assigned all the items stated in this agreement, by a successful collaboration with UNIDO association that aided the company with technology transfer supported by international experts assigned from Cardiff University in England and the Italian company “Ferry” with the Advisory consultation Group 12 C.
The company is developing another new section for the production of “Metered Dose Inhalers” in accordance to the latest GMP guidelines and the national requirements of the Egyptian Ministry of Health , it was successfully approved and licensed and began its actual production lately in December 2010 beside its old production of traditional inhalers used internally by inhalation or externally as topical anesthetic sprays or topical antibiotic spray “Polybiotic Spray”, which is used widely for patients with burns and for surgical wounds.
The company is planning to double its production from inhalers and sprays by establishing another production line to cover all the Egyptian market and export demands, this planning will be carried out totally and side by side with the renovation and modernization of other production lines such as tablets, capsules, ointments, creams, suppositories and syrups.
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Members of the Board
Dr/ Osama Abdel Baset Managing Director
Dr/ Mahmoud abbas hamdy Chairman Of The Board
Mr/ Ahmed hamdy abbas Non-Executive Member
Mr/ Mohamed hamida yones breek Elected Member
Mr/Maher mqar touadrous Elected Member
Audit Committee:
DrMahmoud abbas hamdy Director
MrAmed hamdy abbas elawadi Member
Mr/Maher mqar touadrous Member
Mr/Mohamed khaled salah abd elsalam Member
| Indicator | 2017-2018 | 2018-2019 | 2019-2020 |
| Net Operating Revenue | 382929 | 43647 | 521073 |
| Interest Expenses | 871 | 660 | 0 |
| Net Income | 39466 | 43103 | 92800 |
| Net Equity | 146235 | 189504 | 248786 |
| Working Capital | 87802 | 137128 | 201356 |
| Total Investment | 274689 | 298590 | 371834 |
| Salaries | 89043 | 93899 | 99600 |
| Number of workers | 1295 | 1261 | 1192 |