The History of HOLDIPHARMA goes back to year 1934 when the Egyptian pharmacist Mohamed Hegazy established Hegazy Laboratories, the first pharmaceutical plant built asing standardized criteria after several trials for building pharmaceutical laboratories in Egypt in a time the whole pharmaceutical market was controlled with foreign companies. Later Hegazy Laboratories was merged with Kahira Pharmaceutical company (one of HOLDIPHARMA affiliates).

The real beginning of the pharmaceutical industry in Egypt was year 1939 when Egypt's great economist Talaat Harb established Misr Company for Pharmaceuticals and Chemical industries, the first affiliated company.

The foundation of the first Pharmaceutical manufacturing facility in Egypt and the region was not only a remarkable achievement but also a revolutionary accomplishment that paved the way for building a real Pharmaceutical industry in the Middle East and Africa region.

The period between 1940 and 1965 witnessed the establishment of other affiliated companies and the merge of middle size companies and laboratories in Egypt with them. Development of affiliated companies was very clear in this period, and they succeeded to cover 30% of total Egypt national requirements of pharmaceuticals.

The period between 1965 and 1975, Holdipharma dominated the process of obtaining raw materials, production, importation, exportation, marketing, storage and distribution through its various affiliated companies. At the end of this period Holdipharma through its 11 affiliated companies (Misr, El-Nasr, Nile, Memphis, Cid, ADCO, Kahira, EPTC, Gomhoria and Packages Company) succeeded to cover 74% of total Egypt national requirements of pharmaceuticals.