አዲስ መድሐኒት Introduce ማድረጌ ከትርፍ በላይ ነው - Dr. Mohamed Nuri, the CEO of Medtech Ethiopia - S09 EP98
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መሪዎች on this week of Meri Podcast, we're featuring Dr. Mohamed Nuri, who is a self-made entrepreneur and one of the most successful business leaders in present-day Ethiopia. In this interview, he takes us through an incredible story of how he has made it to where he stands today with determination and innovation. From a medical doctor diving into the world of business to starting up his pharmaceutical company, Medtech Ethiopia, the journey Dr. Mohamed Nuri has walked so far is an inspiration for focus and tenacity. Watch as he narrates his early days, including the loss of his mother due to a lack of available pharmaceuticals that motivated him to change pharmaceutical supply in Ethiopia. He shared experiences of starting up a Medtech, importation of essential Pharmaceuticals, and building a business empire with now multiple companies. He has also shared his view on work-life balance, hiring people, and what he sees for the future of Medtech Ethiopia. He talked about how he was able to buy an efarm from the government and turn it into a successful business. After obtaining the patent for Hepatitis C medicine, he was able to sell a 1 million Birr product for a profit of 20,000 Birr, and he was the only one to get that. He also shares an impressive story of how he was able to import a vaccine during the COVID-19 pandemic, even before the government was able to do so. Dr. Mohamed Nuri's story is inspiring but equally important for the entrepreneurial and leadership insights he provides on how he made those strategic business decisions. It's time to learn from one of the most successful entrepreneurs in Ethiopia! Stay Tuned to listen to the incredible journey of Dr. Mohamed Nuri, and learn from him on entrepreneurship, leadership, and business strategy. 00:00 - Introduction 01:21 - Ads 02:45 - Background 04:21 - Journey from being a Doctor to a pharmacy 08:25 - How he starts his first business 13:22 - How do you manage the pressures 30:43 - what was the feeling when you started Meditech? 34:59 - The process 42:12 - Meditech Operation 44:52 - Other Businesses 53:26 - How do you choose a business to invest? 56:34 - Ethiopia Business innovation focus 57:48 - 2025 preparation 58:52 - which company do you list 59:00 - Ethiopia Pharmaceutical sector potential and challenges 01:05:11 - Pricing 01:13:01 - Controband 01:16:17 - Patent 01:17:04 - How price is determined? 01:25:25 - why do foreign companies exit from the market 01:27:55 - challenging time 01:32:14 - How do you cop up from losses? 01:33:06 - Future business plan 01:34:48 - HR 01:48:59 - Keeping childhood friends around 01:49:48 - Balancing family and work time 01:54:53 - Biggest life influence 01:56: 52 - Dr. Mohamed's Daily Routine 02:00:37 - Life Wisdom Social Links https://t.me/MERI_PODCAST https://twitter.com/MERI_Podcast https://www.instagram.com/meripodcast/ https://www.youtube.com/channel/UCzKNuQ80qNSpt2x-7dsazJg https://youtube.com/@Meriwoch?si=yIpJ3byprnVNwKi1https://youtube.com/@mericlipset?si=wwa0KeQ_Nv2aPy9l https://www.tiktok.com/@meripodcast https://www.linkedin.com/company/meriethiopian/ Copyright Notice for Meri Podcast: All rights reserved. The content featured in this podcast is protected by copyright laws. Unauthorized reproduction, distribution, or modification of any portion of this podcast is strictly prohibited. For permission to use our content, please contact us at meripodcastet@gmail.com Thank you for respecting our copyright.
