Boosting National Innovation: Interior Minister Grants Investment Certificates to Frater-Razes Laboratories
BY: Hana Saada
ALGIERS – In a momentous event that underscores Algeria’s dedication to its pharmaceutical sector, the Minister of the Interior, Local Assemblies, and Urban Planning, Brahim Merad, presented Frater-Razes with investment certificates. The ceremony, graced by the presence of dignitaries, including the Wali of Algeria and the President of the People’s Provincial Assembly, marks a significant milestone in Algeria’s pursuit of excellence in the pharmaceutical domain.
The event, held at Frater-Razes’ state-of-the-art laboratories, showcased the country’s dedication to fostering growth in the pharmaceutical industry. The general manager of Frater-Razes, Mr. El Hassan Chadi, expressed his delight at receiving the distinguished delegation, emphasizing the critical role pharmaceutical industries play in the nation’s development.
“We are honored to welcome the Minister of the Interior, the Wali of Algeria, and the esteemed delegation for this momentous occasion of presenting investment certificates,” Mr. El Hassan Chadi stated. “This recognition highlights the importance the Algerian authorities place in the pharmaceutical sector, which plays a vital role in improving public health and contributing to the nation’s economic prosperity.”
Frater-Razes, a pioneering pharmaceutical company, has been at the forefront of medical innovations in Algeria. The laboratories have consistently demonstrated their commitment to the environment and the well-being of the community. Amira Ben Karah Moustapha, the Director of Sales and Marketing at Frater-Razes, expressed the company’s dedication to environmentally-friendly practices.
“At Frater-Razes, we place great emphasis on sustainable and environmentally-responsible practices,” said Amira Ben Kara Moustafa. “Our privilege lies in prioritizing the preservation of the environment while producing high-quality pharmaceutical products that meet the needs of our citizens.”
The investment certificates bestowed upon Frater-Razes reaffirm the Algerian government’s confidence in the pharmaceutical industry’s potential and the company’s role in driving medical advancements in the country. This recognition further encourages Frater-Razes to expand its research and development efforts, fostering a robust ecosystem for healthcare innovation in Algeria.
The Minister of the Interior, Brahim Merad, praised Frater-Razes’ achievements, affirming the company’ status as a national source of pride. He stressed that the government will continue to support and invest in industries that prioritize innovation, sustainability, and the well-being of Algerian citizens.
As the country enters a new era of growth and progress, the government’s collaboration with companies like Frater-Razes highlights a brighter future for the Algerian people, filled with better healthcare solutions and economic prosperity.
