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ADQ to Acquire Turkish Pharma Firm Birgi Mefar Group

Manufacturing operation at the Turkish company. (Asharq Al-Awsat)
Manufacturing operation at the Turkish company. (Asharq Al-Awsat)
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ADQ to Acquire Turkish Pharma Firm Birgi Mefar Group

Manufacturing operation at the Turkish company. (Asharq Al-Awsat)
Manufacturing operation at the Turkish company. (Asharq Al-Awsat)

ADQ, an Abu Dhabi-based investment and holding company, announced it has entered into a definitive agreement to acquire Birgi Mefar Group (BMG), one of Turkey’s leading producers of sterile injectable products.

As a full-service pharmaceutical CDMO, BMG is a production service provider for sterile injectable products, namely vials and pre-filled syringes used for vaccines.

BMG also produces primary packaging ampoules and vials for other sterile injectables and specializes in the growing demand for drug lyophilization. The company exports to more than 30 countries, including markets across Europe and Asia with more than 50 years of expertise and excellence.

Fahad Al Qassim, Executive Director, Healthcare & Life Sciences Portfolio at ADQ, said: “BMG's diversified offering and manufacturing capabilities make the company a strategic addition to our growing portfolio as we continue to shape the UAE’s healthcare & life sciences platform.”

He added: “Turkey is an important market for our investments, and BMG brings with it a strong presence throughout the pharmaceutical supply chain, from drug development and manufacturing to packaging and cold chain distribution.”

“With this integrated capability, we believe it can enhance local expertise and build on the UAE’s ability to manufacture and distribute quality health products as the region’s leading pharmaceutical hub.”

Faik Somer, CEO at Birgi Mefar Group, said: “Joining ADQ’s portfolio is an exciting next step in our journey that will elevate our offering and enable us to scale in lucrative markets like the UAE and wider MENA region.”

“For more than 50 years, we have been committed to quality healthcare and with ADQ’s support, we will be in a stronger position to deliver excellence in global contract development and manufacturing of sterile products that will ultimately generate long-term sustainable growth,” he added.

Earlier this year, ADQ acquired Acino, a Swiss-based pharmaceutical manufacturer.

In 2021, ADQ acquired Pharmax, a leading pharmaceutical manufacturer in the UAE, and Amoun, one of Egypt’s leading pharmaceutical companies.

ADQ also retains a minority stake in Biocon Biologics Limited, India’s largest biopharmaceutical company.

The transaction is subject to customary closing conditions, including regulatory approvals.

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United States Imports Eggs from Korea, Türkiye to Help Ease Prices

Carton of eggs are seen in a box during a free eggs give away in New York City, on March 21, 2025. (Getty Images/AFP)
Carton of eggs are seen in a box during a free eggs give away in New York City, on March 21, 2025. (Getty Images/AFP)
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United States Imports Eggs from Korea, Türkiye to Help Ease Prices

Carton of eggs are seen in a box during a free eggs give away in New York City, on March 21, 2025. (Getty Images/AFP)
Carton of eggs are seen in a box during a free eggs give away in New York City, on March 21, 2025. (Getty Images/AFP)

The United States is importing Turkish and South Korean eggs to ease an avian flu-fueled supply crunch that has pushed up prices across the country, Donald Trump’s agriculture secretary confirmed Friday.

Brooke Rollins told reporters in Washington that imports from Türkiye and South Korea had already begun and that the White House was also in talks with other countries about temporarily importing their eggs.

“We are talking in the hundreds of millions of eggs for the short term,” she added.

The cost of eggs has skyrocketed due to multiple bird flu outbreaks in the United States, forcing farmers to cull at least 30 million birds and sharply constraining supply.

On the political battlefield, egg prices became an unlikely rallying point for Trump on the campaign trail as he sought to capitalize on voters’ frustrations with the rising cost of essential items during his predecessor Joe Biden’s presidency.

After returning to office in January, Trump tasked Rollins with the job of boosting the supply of eggs, and bringing down prices.

In the weeks since, producers in several countries have reported American interest in their produce, with the Polish and Lithuanian poultry associations telling AFP that they had been approached by US diplomatic staff on the hunt for fresh eggs.

“There is a shortage of eggs in many countries,” Katarzyna Gawronska, director of the Poland’s National Chamber of Poultry and Feed Producers, said recently. “The key question would be what financial conditions would be offered by the Americans.”

Speaking to reporters on Friday, Rollins said that imports of eggs would be time-limited, and would stop once US poultry farmers were able to ramp up supply.

“When our chicken populations are repopulated and we’ve got a full egg laying industry going again, hopefully in a couple of months, we then shift back to our internal egg layers and moving those eggs out onto the shelf,” she said.