Nigeria, others strategise on local manufacturing of drugs

Nigeria, others strategise on local manufacturing of drugs

Economic recession notwithstanding, practitioners in the pharmaceutical industry have identified the imperative of new investments as driver of real development in the pharmaceutical manufacturing sector in Nigeria and Africa. They said that with growing reduction in foreign direct investment, stakeholders must re-strategise efforts at attracting home-grown investments to keep the sector robust and meeting the needs of the citizens.

The call was made against the backdrop of growing scarcity of some imported pharmaceutical products and rise in prices of their locally-made counterparts, both of which were blamed on spike in foreign exchange rate to the Naira.

The Association of Community Pharmacists of Nigeria (ACPN) said the health sector and the Nigerian publics are beginning to feel the scarcity of some crucial pharmaceutical items, and called for special intervention fund to save the sector…Read more

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