Please reach us at info@mepharmamea.com if you cannot find an answer to your question.
New life science products to be launched into local markets by regional partners, could potentially take a relatively shorter period of time. The relevant regulatory approvals would affect the timing of entering a particular market for those product types, such as pharmaceuticals and medical devices. Other factors that may affect the duration of a launch include market size and economic stability. While there are no absolute rules governing this process, it is possible to provide a rough estimate, given an average of 9 to 24 months, to launch a new product into one country in the region.
Registration costs for life science products in the Middle East vary significantly by product category and by country. The starting estimated cost is € 3,000 for registration of a product. If you would like to learn more about the registration and marketing cost,
please contact us at: info@mepharmamea.com
MEPharma strives to make the payment process as easy and efficient for partners as possible. We apply industry standard payment procedures that accommodates 90 days for Pharma products & 120 days for non-Pharma products (such as food supplements & cosmetics).
There are 3 main pricing models used in the Middle East commonly:
• EXW(ex-works) The cost of all the materials used and all other production-related expenses are included in the ex-works price, minus any internal taxes that are or may be reimbursed when the finished product is exported.
• FOB (free on board) price is the price of products at the exporting country's border.
• CIF The (cost, insurance, and freight) price is the cost of a good delivered at the border of the country of importation or the cost of a service provided to a resident before the payment of any import taxes, such as duties and other taxes on imports, as well as trade and transportation margins within the nation.
Yes, there are specific packaging requirements in the Middle East region. The main requirement is that labels are made in English and/or Arabic language depending on the specific country & product type.
For further inquiries about commercialization of life science products in the Middle East,
contact us at: info@mepharmamea.com
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