Nigeria pharmaceutical company and africa continent distribution. Emzor Pharmaceutical Industries Ltd.

Nigeria pharmaceutical company and africa continent distribution . 11 MMT, Nigeria is arguably Africa’s second largest producer of maize after South Africa. 2 Nigeria Pharmaceuticals Market Revenues & Volume, By Hospital Pharmacies, 2018 - 2028F Middle East & Africa Commercial Security Market Click here to view more. ; While the cost of the View the list of the top players in the pharmaceutical industry and the main pharmaceutical distribution companies in Ivory Coast. Sygen Pharmaceuticals, a leader in Nigeria’s healthcare sector known for its high Equinor – Divestment from international oil majors in Nigeria’s petroleum industry has become common in recent times as Equinor Nigeria Energy Company (ENEC) announced in November the sale of its 85% stake in oil and gas lease OML 128, and a 20. This market will more than treble over the next decade as more people are placed on ARV treatment and other uses of ARVs are expanded. The African continent offers a promising window of opportunity for Most of the pharmaceutical companies in Nigeria import high percentage of processed raw materials, as well as the heavy machines and equipment used in Pharmaceutical Market in Nigeria. 14 Kano Street and No. (Sir) Nnamdi Obi, bemoaned what he called the infrastructural deficit that has made local manufacturing and importation very difficult in the country. Pharmacist Council of Nigeria (PCN) and the National Agency for Food, Drug Administration and Control (NAFDAC) should enforce implementation of their regulations, guidelines, and policies that relate to access to safe medicines in Nigeria to improve equitable distribution of pharmaceutical products across the country. 1 These totals include patented and generics prescription drugs and over-the-counter medicines. Investing in establishing more in-continent pharmaceutical companies will improve access to medicines which is crucial to attain universal health coverage in Africa . Emzor Pharmaceutical Industries Ltd. This project will improve access to quality, affordable This is much-needed to improve the continent's capacity to produce medicines for its populace. Yet capturing that promise has proved harder than expected, with many multinationals struggling The result is the compilation of the first even Africa Pharmaceutical Directory which lists more than 6,500 pharmaceutical companies in Africa. 2022), and some studies The codeine is imported, but the syrup is made in Nigeria by more than 20 pharmaceutical companies Nigeria's drug enforcement agency is fighting this epidemic. Essential API– Nigeria. As global innovation pushes at the frontier of high-tech manufacturing both countries are striving to maintain a toehold in the auto, pharmaceutical and chemicals segments, opening the possibility of partnerships between Actiza Pharmaceutical Pvt Ltd Manufacturer & Exporter:. DrugStoc is a “cloud-based health pharmaceutical distribution platform. In sub-Sah aran Africa, only Kenya, Nigeria and South Africa have a relatively sizeable industry with dozen s of companies producing for their local markets and, in some cases, for export to Imperial, owned by DP World, has announced its Market Access business has completed the strategic acquisition of a controlling stake in Africa FMCG Distribution Ltd (AFMCG), which is part of the Chanrai Group of Narsai K, Williams A, Mantel-Teeuwisse AK. Evans Medical Plc is a consumer and pharmaceutical company in Nigeria that manufactures and sells a range of over-the-counter, prescriptive pharmaceutical products and List of Top Pharmaceutical companies in Nigeria, top 15 best pharmaceutical company in Nigeria, biggest pharmaceutical companies in Nigeria May & Baker Nigeria Plc Specializes in the production and distribution of pharmaceutical products, such as vaccines and antibiotics, anti-hypertensive, anti-malaria, drugs for coughs and colds, The OSWORTH Nigeria Limited was incorporated with Corporate Affairs Commission (CAC) on the 1st of September, 2008 as a subsidiary of May & Baker Nigeria Plc, Nigeria’s premier Pharmaceutical Manufacturing Company, and has since been involved in the Marketing and Sales of Pharmaceutical products and services. Companies focus on the downstream processes of the value chain, such as manufacturing and packaging, and have limited R&D and Active Pharmaceutical Ingredient (API) production capacities on the continent. Blaine and Mr. Contest Distribution is a wholesale candy company, that delivers coffee, tea, and personal care products. Egypt is one of the four African countries alongside Ghana, Nigeria and Tanzania that have recently achieved Maturity Level 3 that enables the export of vaccines. Today, Roche creates 2. Malawi, Mauritius, Niger, Nigeria, South Africa, and Zambia; had somehow reduced or eliminated import tariffs and sales/VAT taxes on medical goods in According to McKinsey & Company, Africa is the only place where the pharmaceutical business may still see significant growth. The company also has annual revenue of R18 billion (2018 estimate). In a strategic move in October 2022, GSK chose to cease its commercial operations in Kenya, pivoting toward a third-party distributor approach for product distribution. 3 ; The disruptions to global supply chains during the COVID-19 pandemic highlighted the need for a regionally sourced, quality Local pharmaceutical companies in Africa must Page 2 of 9 evolve in their capacity to provide high-quality pharmaceutical products to meet the growing health care need of the continent. 1 Overview and Analysis. 4 Saniezi Street, Main Market Onitsha. Novartis’ The pharmaceutical market in Africa has enormous growth potential, and we are glad to back a company that is well positioned to be a key player in the sector’s growth in sub-saharan Africa This is among the top pharmaceutical companies in Nigeria founded in 1954 and formerly known as Glaxo Nigeria Plc, the company changed its name to Evans Medical Plc in 1994. For example, the current number of persons on ARV treatment on the continent represents a market opportunity of over US$ 1 billion. 3 Pharmaceutical suppliers: incentives for investing in least-developed countries 12 2. The operation aims at increasing the manufacturing capacity of Active Pharmaceutical Ingredients (APIs) in Africa. 31% of the companies surveyed were founded within the last two The Kenyan pharmaceutical industry commands a 30% share of the country’s domestic pharmaceutical market. 3 Nigeria Pharmaceuticals Market, Revenues & Volume, By Route of Administration, 2018 Pharmaceutical Wholesalers and Distributors Association of Nigeria (PWDAN) | 89 followers on LinkedIn. 6 billion in 2014. Prior to 2001, Nigeria was the main market for counterfeit drugs in sub-Saharan Africa; as a result, neighboring countries responded by banning all pharmaceutical products made in Nigeria (Bate, 2008b). Materials and Methods: The transformative power of digital technologies in reconfiguring the pharmaceutical supply chain across Africa. The value of pharmaceutical exports from Kenya amounts to approximately USD 47 million. They are a business with a market capitalisation of about R96 billion, over 146 000 employees, thousands of stores and a network of distribution centres A specialist in pharmaceutical logistics. To facilitate and maintain quality and safety of medicines in Africa, local production should be compliant with good manufacturing practices (GMPs). But its recent slide into recession has made some companies wonder whether robust growth is still attainable. Several factors make pharmaceutical wholesaling in Nigeria a lucrative industry with immense growth potential: Demographic Boom: With over 7 million births annually, Nigeria has the largest population in Africa which is projected to double by 2050. This is mainly done upon meeting international standards and also regulatory requirements. The African continent offers a promising window of opportunity for As Africa’s largest economy, most highly populated country, and biggest consumer market, Nigeria has been hailed as the next frontier for pharma after South Africa and the hotspots of Northern Africa. P. These companies are up against several constraints, including challenges posed by infrastructural decay, unfair government policies, poor marketing and administrative structure, low capacity utilization, spiraling cost of business as a result of Here are the top five pharmaceutical companies in Nigeria, recognized for their innovation, quality, and impact on the healthcare sector. It has a huge consumer market. Importers who have their pharmaceutical companies in countries like Nigeria and Ghana, must be encour-aged to open sub-factory outlets in the country for mittee of the Pharmaceutical Manufacturing Plan for Africa from North Africa (Egypt and Libya), West Africa (Ghana, Nigeria and Senegal), Central Africa (Burundi, Cameroon and Gabon), East Africa (Kenya and Ethiopia) and Southern Africa (South PharmExport is a Sourcing Office for WHOLESALE IMPORTERS DISTRIBUTORS With its international experience on 5 continents, PharmExport has an advanced understanding of various commercial successes, innovations, and the potential of The operation aims at increasing the manufacturing capacity of Active Pharmaceutical Ingredients (APIs) in Africa. The continent accounts for 24 per cent of the global disease burden (Ahen and Salo-Ahen, 2018). 2015. e. The International Monetary Fund has decreased the GDP growth forecast of Nigeria to 1. Until the middle of the 20th century, most developing countries like Nigeria only imported finished pharmaceutical dosage forms such as suspensions, syrups, tablets, creams, ointments, suppositories, powders, capsules, and parenteral preparations all of which were imported by either multinational drug companies, government or some wealthy indigenous The pharmaceutical industry in Africa has seen significant growth over the past decade. does not But wide coalitions of governments, regulators, pharmaceutical companies, advocacy groups and tech start-ups are leading the continent’s fight against the scourge of fake medicine. 3 billion by 2032. The group has been present in this continent for more than 40 Discover top Pharmaceutical manufacturing companies in Nigeria for a powerful list of business leads and contacts, tailored to supercharge your company's sales efforts. One of the major challenge for pharmaceutical companies is supply and distribution management. 600+ new and current Job vacancies • Competitive salary • Full-time, Temporary, and Part-time Jobs • Fast & Free • Top employers in Nigeria • Pharmaceutical company jobs is easy to find • The generics market in the US is valued at $90. The Corporate Office Medical and Pharmaceutical Exhibition. Africa; Nigeria; List of Pharmaceutical Companies in Nigeria Featured Pharmaceutical Companies. 1. Get the latest updates on their products, jobs, funding, investors, founders and more. The announcement comes at a time when the continent is apprehension about the readiness of the continent to support a system against any outbreak of Coronavirus and its implications. We supply wholesaler-distributors in over 53 countries in Sub-Saharan Africa and 6 French overseas territories through our subsidiaries Continental Pharmaceutique and E. 7%), followed by Asia (13. In July 2016, th path for the African continent should address simultaneously economic, public health, and strategic considerations, and focus on fostering the development of a sustainable African Engaging in Nigeria’s market, which accounts for 60% of health product consumption by volume in the ECOWAS region, is a stepping stone to the broader West African and African markets, as the top 3 countries registering the most deficit (Egypt, Nigeria, and South Africa) are also among the continent’s largest economies and have significant pharmaceutical manufacturing Now, under the newly active African Continental Free Trade Area (AfCFTA) agreement, Africa’s pharmaceutical and medicine trade is about to receive a significant boost — one fueled by intra-African trade, alleviating As part of efforts to expand its footprints in Nigeria and across African Continent, Micro Labs Limited (Micro Labs), India has acquired Swiss Pharma Nigeria Limited (Swipha), Aspen Pharmacare Nigeria has its footprints in Nigeria, and its distribution covers all the 6 Geo political Zones of Nigeria. Why should Africa manufacture pharmaceuticals locally? According to WHO Africa, the continent has 25. Malawi, Mauritius, Niger, Nigeria, South Africa, and Zambia; had somehow reduced or eliminated import tariffs and sales/VAT taxes on medical goods in 2020, but on a temporary basis. The market is predicted to expand at a CAGR of 8. We have been committed to improving lives since the company was founded in 1896 in Basel, Switzerland. The grant represents a significant proportion of the estimated funds required to BGM is a 100% black owned, BBBEE Level 1 pharmaceutical company founded in 2013 by Dr. Coverage of Business Base of Japanese companies in Africa The number of Japanese companies' business bases in Africa is counted as 440 in total by the research as of November 2015. The codeine is imported, but the syrup is made in Nigeria by more than 20 pharmaceutical companies Nigeria's drug enforcement agency is fighting this epidemic. This led to the appointment of Dr. which means that we can actually supply the entire West Africa when it comes to pharmaceuticals that originate from Nigeria. 8 billion in revenue in 2022. Furthermore, strengthening regulatory frameworks and collaboration between government agencies, pharmaceutical companies, and healthcare providers is imperative to address systemic issues and Detailed info and reviews on 11 top Pharmaceuticals companies and startups in Nigeria in 2025. 6 Regulatory harmonisation 17 3. 6. 4% from 2024 to 2030. 2 billion, faces limited access to safe, high‐quality and effective medicine, resulting in a disproportionate disease burden. The National Agency for Food and Drug Administration and Control (NAFDAC) plays a pivotal role in overseeing the adherence to these standards, which align closely with the guidelines provided Registration as a pharmaceutical company must comply with the requirements of the Pharmacists Council of Nigeria (“PCN”). 8. 2. 8% in July 2016. 4. As a World Health Organisation (WHO) compliant company, UCL now employs approximately 500 people and produces 144 generic medicines, of which several of Feb 23, 2018 · Business details 12 NEC South Africa Kenya Nigeria Algeria, Egypt, Tunisia, Morocco A ・Established a locally incorporated company in South Africa in 2011 and in Nigeria in 2012 ・Sale of information and communications products, microwave communication systems and other mobile phone base station facilities, laying of submarine cables, Sep 18, 2017 · Local pharmaceutical companies in Africa must evolve in their capacity to provide high-quality pharmaceutical products to meet the growing health care need of the continent. Dis. Compliance to international Feb 1, 2022 · According to a study of Wada and colleagues, Africa has the highest prevalence of substandard and falsified medical products (18. 2012;5(1):31–37. and M&A activities, notable investors of these companies, their management team, and recent news are also included. 7 million people living with HIV/AIDS, and the region will experience a 27 per cent increase in the deaths from non-communicable diseases. Investment in industrial pharmacy education and capacity building on the continent BtoB Events is one of the world’s fastest-growing exhibition and events companies. CFAO Healthcare est un acteur majeur de la production et de la The value of Africa’s pharmaceutical industry rose from $4. The competitiveness of Africa’s pharmaceutical manufacturers lags behind that of producers in other Here are the 25 best pharmaceutical companies in Nigeria. Its primary business and main products and services is Pharmaceutical companies in Nigeria have come a long way despite the various challenges facing the pharmaceutical sector. HealthTech forms part of the Health/Medical industry, which is the 2nd most popular industry and market group. Bayer’s pharmaceutical prescription products, largely for women's healthcare, anti-infectives -- medicines that prevent or treat infections -- and cardiology drugs, are mainly manufactured at cines and pharmaceutical products via the following recommendations: 1. Egyptian pharmaceutical products have huge market access opportunities. could facilitate market access for pharmaceutical companies. Source: The Exchange Africa Pharmaceuticals Market - Top Companies Profiles; Africa Pharmaceuticals Market - Comparison of Players in Technical and Operating Parameters; By Distribution Channel, 2018 - 2027. 9 billion by 2033-end, according to the latest study by Persistence Market Research. In Africa, South Africa Countries such as Nigeria, Kenya, and South Africa have established rigorous pharmaceutical regulations to ensure the safety and efficacy of imported medications. * The number of companies of type A (locally-incorporated companies, representative offices, branch offices) in each countries is counted. That’s good news for MNC and local pharmaceutical companies seeking new sources of growth as developed markets stagnate and good Africa. We are a leading pharmaceutical company based in India, exports a diverse range of medications from India to Africa. Founded in 1995. Stage 2- REGISTRATION OF PREMISES. That’s good news for MNC and local pharmaceutical companies seeking new sources of growth as developed markets stagnate and good Africa, a continent with diverse cultures, economies, and Sustainable digitalized supply chain management in a pharmaceutical company can help reduce operation costs, improve assets, enhance CFAO added that an exclusive partnership it initiated with Sanofi in 2021 for the distribution and marketing of medicines and vaccines across 25 sub-Saharan African countries "has been highly In 2020, there were approximately 600 pharmaceutical manufacturers in Africa, 80% of which were concentrated in eight countries: Egypt, Algeria, Morocco, Tunisia, Nigeria, Ghana, Kenya, and South Fidson Healthcare: Fidson Healthcare Plc is a leading pharmaceutical manufacturing company in Nigeria. Unfortunately, the pharmaceutical companies have become victims of pharmaceutical companies on the continent. First Meeting of the Specialised Technical Committee on Health, Population and Drug Control 13-15. It is making the business of community pharmacy less risky and lower-cost while improving access to an expanded selection of higher-quality medicines. 92 companies are listed in our database (showing 1 - 92) 8MG Health At least 61 companies are using tech for health distribution across sub-saharan Africa, a growth of over 100% in the number of active players (28) captured in 2018. The company specializes in the manufacture and distribution of pharmaceutical products, such as vaccines and Background: Pharmaceutical companies in Africa need to invest in both facilities and quality management systems to achieve good manufacturing practice (GMP) compliance. 4 billion in 2023, and is expected to grow at a CAGR of 3. This research included ten strategic pharmaceutical leaders. Addis Abeba. The Frost & Sullivan report argued: “African pharmaceutical market growth presents a ‘win-win’ for companies and patients. That’s good news for MNC and local pharmaceutical companies seeking new sources of growth as developed markets stagnate and good It is with this in mind that local pharmaceutical companies are viewed as being important in bringing sustainable solutions to the health problems in Africa [2, 11]. A suitable warehouse or building has to be secured for the storage of the Pharma Products being imported. Economic development: A competitive pharmaceutical industry will create an economically viable industrial base, and thus contribute Africa Cold Chain is dedicated to revolutionizing the cold chain industry in Africa. 5% hitting $124. Our team has spread to all major continents to ensure adequate and prompt customer service The value of Africa’s pharmaceutical industry rose from $4. Pulse will link US and international pharmaceutical companies such as Pfizer and Roche with African distributors and pharmacies in this developing market . it could also provide a means of reimbursement for health insurance companies, which are becoming increasingly common in Akande-Sholabi W, Adebisi YA. As the most populous country in Africa, Nigeria serves not only its domestic market but also plays a significant role in the regional pharmaceutical supply A specialist in pharmaceutical logistics. But we are currently not HealthTech companies snapshot. Nigeria boasts the largest economy in Africa, ranking as the 31st largest globally in terms of nominal GDP and the 26th largest based on PPP. We're tracking Hadiel Health Coop, TeleDoc Technologies and more HealthTech companies in Nigeria from the F6S community. Kenya exports pharmaceutical products to the East Africa Community (EAC) as well as the Common Market for Eastern and Southern Africa. The company has 11,000 employees on its payroll. Feb 15, 2021 · In fact, Nigeria is considered the hotspot of the pharma industry in entire Africa. It is generally reckoned that the pharmaceutical market will be worth $40-$60bn a year by 2020. Dora Akunyili as director-general of the NAFDAC. It has 728 stores in South Africa and 49 stores located outside South Africa. Egypt’s pharmaceutical industry is undergoing aggressive and positive change. , South Africa, Nigeria and Ethiopia) accounted for about 39% of the continent’s total maize output in 2019. ” However, the broken supply Nigeria is the largest economy in Africa. CFAO Healthcare is a prominent force in the production and distribution of pharmaceutical products and services across Africa and the French overseas territories. Current global players in the Nigerian market are Merck & Co, Pfizer, Novartis, Sanofi-Aventis, and GlaxoSmithKline. This database of pharmaceutical-related companies in Africa lists wholesalers of pharmaceuticals in Africa, pharmacies in Africa, pharmaceutical retailers in Africa, hospital suppliers in Africa INTRODUCTION AFRICA PHARMACEUTICAL MARKET Africa’s quick urbanization is further driving the growth of some of the key pharmaceutical companies. Founded by partners who have both held senior roles at major multinational corporations and have more than 40 years of combined experience working in exhibitions, our portfolio includes some of Africa's largest industry-specific expos and prominent trade shows in the UK. Now is the time for drug companies to decide whether they want to be part of that growth and, more important, play an active role in improving public health. May & Baker Nigeria Distr & Wholesalers Lagos, Lagos, Lagos. ” The lack of localized pharma manufacturing in Africa has played a role in health and vaccine inequity across the continent. The company majorly deals in clothing. Johnson and Johnson Co. However, we take command towards innovation, research, and development, we deliver The opportunities and challenges for pharmaceutical supply chain in Nigeria/Africa Pharma Middle East. Date: 23-25 April 2025 Venue: CAISTAB, Plateau - Abidjan Show Profile: The Medical and Pharmaceutical Exhibition of Côte d'Ivoire (MEDPHEX) 2025, is a prestigious event under the patronage of the Ministry of Health, Public Hygiene, Universal Health Coverage, and the National Order of Pharmacists of Côte d'Ivoire. 1 Africa imports up to 61% of the packaged medicines 2 and up to 80% of the pharmaceuticals it uses. Together, the three countries (i. inventory management, distribution, LMIS systems, human resources for supply chain, Africa is the second most populous continent after Asia, with 1. Our expertise stems Egyptian pharmaceutical products have huge market access opportunities. Ethiopia occupied the third-place position on the chart of largest producers of maize in Africa. Insights about top trending companies, startups, investments. ADAM BERRY/BLOOMBERG VIA GETTY New partners on the horizon. Ensuring Pharmaceutical Supply Chain Integrity | The Pharmaceutical Wholesalers and Distributors Association of Nigeria (PWDAN), is a corporate body comprising of companies involved in professional Wholesaling and Distribution. Nov 14, 2020 · African Union (2012) Pharmaceutical manufacturing plan for Africa – business plan. For instance, Nigeria’s National Agency for Food and Drug Administration and Control (NAFDAC) mandates thorough documentation and inspection processes, while Kenya’s Pharmacy and Novartis, one of the largest pharmaceutical companies in the world, has responded to these new opportunities by creating an organization dedicated to increasing patient reach in sub-Saharan Africa fivefold by 2025. 3 billion people. South Med Rev. PZ Cussons Plc, in April 2024, said it has commenced a strategic review of its business in Africa, with a consideration of exiting the continent, partly driven by economic challenges in Nigeria such as naira devaluation and inflation, which has significantly impacted the company’s sales and operations, resulting in a 48 percent sales plunge. The African pharmaceutical industry has seen growth in both production and sales, with the continent now home to more than 1,500 pharmaceutical companies. Introduction to Nigeria's Pharmaceutical Landscape Nigeria's pharmaceutical sector is an essential component of the African healthcare system, with a particular emphasis on the production of generic medications. Through its global distribution network, Marcyrl’s goal is to increase access to specialised medications in Egypt and throughout Africa Leading Egyptian pharmaceutical company, Marcyrl Pharmaceutical Industries, which specialises in specialty generics, on thursday 6 2023, revealed a new investment meant to speed up its goal of promoting Five years ago, Nigeria’s strong economic growth sparked a burst of enthusiasm about opportunities in its pharmaceutical market. 5 Drug regulatory authorities: development, functions and resources 16 2. It started Sales operations in January 1997, at No. Jun 29, 2017 · The AfDB believes: “Africa’s pharmaceutical industry is the fastest growing in the world”. Our expertise stems from having complete control over every aspect of pharmaceutical logistics, in particular of the cold chain ensuring medicines are kept Nigeria Pharmaceuticals Top Companies Market Share; 6. 2 Nigeria Pharmaceuticals Market, By Distribution Channel. trial in Africa to test a digital platform that will increase the visibility of drug supply chains throughout the continent and make the commercial market for pharmaceuticals safer, more total local production value. Truworths International was incorporated in 1944 and has its headquarters in Cape Town, South Africa. This expands the consumer base and sales volume Apply for Pharmaceutical company jobs in Nigeria • Explore 8. Gathering the challenges faced by pharma manufacture in Nigeria: Jan 16, 2024 · Background: The pharmaceutical supply chain, pivotal in ensuring timely and efficient delivery of medical goods, has experienced significant challenges in the African context. If you're interested in the Health/Medical market, also check out the top Healthcare, Conclusion This review reifies that access to medicines in Africa faces numerous challenges and it emphasizes the urgent need to address these issues as the continent geared towards strengthening In Nigeria, for instance, people are leaving the country and there’s a big brain drain. ” Encouraging manufacturing Oct 3, 2024 · Per- and polyfluoroalkyl substances (PFAS) represent synthetic organic compounds extensively utilized in a variety of domestic and industrial products due to their distinctive characteristics. With the networked supply through Shelf Life, the company hopes to avail enough medical supplies and hygiene supplies for the continent. Disrupt Pharma is an end to end pharmaceutical supply chain solution from manufacturer to patient We exist to bridge the gap in public health in Africa and create a continent where access and quality of care are affordable to all in a sustainable way. Fosum Pharma partnered with IFC to improve the pharmaceutical company facility and distribution hub. Designated as persistent organic pollutants (POPs) by the Stockholm Convention, PFAS are recognized for their long-lasting presence, widespread prevalence, and adverse Jul 4, 2023 · 5. Local pharmaceutical companies in Africa must evolve in their capacity to provide high-quality pharma-ceutical products to meet the growing health care need of the continent. New Healthway Pharmaceuticals Between 20-30% or $6-9 billion of Africa’s $30 billion opportunity in 2016 will be driven by the top 10 cities in the continent, defined by the percent of total country spend on pharmaceuticals (Figure 4). Known for its commitment to List of Pharmaceutical Companies and representative ofices of global pharmaceutical companies in Nigeria. Nigeria Pharmaceutical Market Trends. Growth Drivers in Pharmaceutical Distribution. Despite the challenges, our pharmaceutical sector is currently producing more drugs than many other African Background The African continent has poor health indicators com-pared to other continents, largely because the govern-ments of African countries have not fully addressed health Cairo/Abuja, 8 November 2021 – African Export-Import Bank (Afreximbank) has awarded US$400,000 in grant funding to the National Institute for Pharmaceutical Research and Development (NIPRD) of Nigeria for the establishment of an Active Pharmaceutical Ingredient (API) plant. It has a vaccination rate of only 16% against COVID‐19 (Fig 1A), which is far lower than on every other continent (60–80%) (Davies, Emzor is a pioneer in the Nigerian malaria space and was the first Nigerian indigenous pharmaceutical company to develop and manufacture artemether/lumefantrine, under the brand name Lokmal es in ensuring the consistent flow of essential drugs and treatments. 7 billion in 2003 to $20. 2 billion souls which is growing at the fastest rate in the world. Impact of regulatory requirements on medicine registration in African countries—perceptions and experiences of pharmaceutical companies in South Africa. Ben Ajepe M P S N. Biofem Pharmaceuticals Distr & Wholesalers Lagos, Lagos, Lagos. Pharmaceutical companies in the US invest heavily in R&D to produce medicines to treat unmet medical needs. Africa is undergoing rapid urbanization, with a significant India’s contribution towards the third-world countries of the African continent is surely something to talk about, and something which has already created much buzz in the world of pharma. Focusing first on West Africa, including Senegal, Cote d’Ivoire, Ghana, and Nigeria, we aim to offer a comprehensive end-to-end solution that integrates ShopRite Holdings are the largest supermarket retailer on the African continent. The total In August 2023, GlaxoSmithKline (GSK) Consumer Nigeria Plc, the second-biggest drug producer in Nigeria, ceased operation in the country by terminating its marketing and distribution agreement and The Africa pharmaceutical market size was estimated at USD 26. MarcoPolis. AfCFTA’s harmonisation of trade and regulatory policies enables pharmaceutical companies to scale operations and distribute products more effectively. The study focuses on medicines and does not address issues related to laboratory reagents or pharmaceutical devices. Sustainable and resilient supply chain: Creating a more resilient medicine supply chain that is less vulnerable to external shocks and other eventualities, thus ensuring medicine security and sustainability in the supply chain. Secondly, understanding the regulation is key most This list of companies and startups in Africa in the pharmaceutical space provides data on their funding history, investment activities, and acquisition trends. Known for its commitment to Africa Pharmaceuticals Market Outlook (2023 to 2033) The Africa pharmaceuticals market generated US$ 46. Global pharmaceutical companies need local business partners to help them navigate Africa’s many markets, which vary widely in consumer preferences, pricing, manufacturing and distribution infrastructure This paper examines how a pharmaceutical company in Durban, South Africa, used strategic leadership to gain a competitive advantage. An allocation of up to USD 12 million from the COVID-19 ESSENTIAL API MANUFACTURING IN AFRICA (2020-0584) Global Authorisation is provided to a local manufacturer in Nigeria, supporting the expansion of its facilities to produce This alliance aims to tackle the continent’s pharmaceutical challenges through innovative solutions, merging ORx Pharmaceuticals’ advanced drug development technologies with Sygen Pharmaceuticals’ commitment to scientific excellence and innovation. Its primary business and main products and services is Africa will continue to grow for the foreseeable future. Chemiron International Kardinal Pharmaceutical Nigeria Distr & Wholesalers Lagos, Lagos, Lagos. Southern Africa should therefore become a real opportunity for the healthcare industry in the coming years, but many factors need to be Amexco Pharmaceutical Company Distr & Wholesalers Lagos, Lagos, Lagos. Tax incentives must be provided to the country’s big importers to establish a local pharmaceutical indus-try. In Salah Gas, a British Petroleum joint-venture project in Algeria. ’ Finding the qualified workforce is a big issue. 85 billion in 2023 and is expected to grow at a CAGR of 3. The pharmaceutical market in Africa has enormous growth potential and we are glad to back a company well-positioned to be a key player in the sector’s growth in sub-Saharan Africa. a Huawei employee who assisted local telecom companies in Africa to establish a mobile payment platform, after seeing the many inconveniences of e-commerce shopping for local consumers, founded the e-commerce platform With the emergence of the Companies and Allied Matters Act, 2020 and the ever-efficient Pharmacy Council of Nigeria, the incorporation of a pharmaceutical company has been simplified, by so doing, encouraging everyone, irrespective of their field of specialization, to own a pharmaceutical company and invest in the pharmaceutical industry; one of Nigeria's fast According to a study of Wada and colleagues, Africa has the highest prevalence of substandard and falsified medical products (18. The performance of pharmaceutical companies in Nigeria is poor relative to other countries in This study reviews some of the ways in which ganizes Africa orprivate pharmaceutical supply and distribution channels, focusing on three diverse countries: Ghana, Malawi, and Mali. The association was borne out of the Over 280 community pharmacies in Nigeria and Kenya have now subscribed to Shelf Life, making it one of the largest networks of pharmacies on the continent. Ramesh Babu, Co-Founder and Managing Director at Abacus, said, “Abacus has grown to become one of the leading pharmaceutical companies in East Africa, and today we employ more than 800 people throughout the region and have a distribution network of 30 wholesale branches. Google Scholar African Union (2015) Update on implementation of the pharmaceutical manufacturing plan for Africa (PMPA). This will be the third strong continental pharmaceutical support system in Rwanda. Your local business media with a global reach Sanofi is the number one pharmaceutical company in Africa with €1 billion sales in 2011. Roche. If more companies set up, they’d say ‘Let’s stay here. In Nigeria, pharmaceutical companies are mandated to comply with stringent manufacturing standards to ensure the production of safe and effective medications. Disease The African continent accounts for less than 1% of the global pharmaceutical market in value, but its growth is among the highest in the world. Position of the Pharmaceutical World of Africa post Pandemic . The principal activities of the Company are the manufacture and distribution of API for Africa (APIFA) is a non-profit organization facilitating the local production of Active Pharmaceutical Ingredients (APIs) and other health products and technologies (HPTs) in sub-Sahara Africa. Mark Bloy. Africa, being vast continent, managing the supply chain will be challenging. With the quick emergence of metro cities and growing awareness of multiple health disorders such as diabetes, ADHD, and malaria, there has been a significant surge in the purchase of terminal disease medications The APA: strengthening Africa’s pharma workforce. 7%) (Wada et al. Key takeaways 95% of malaria cases and deaths occur in Africa, and efforts to control the disease are stalling. It is with this in mind that local pharmaceutical companies are viewed as being important in bringing sustainable solutions to the health problems in Africa [2, 11]. Consumer companies such as Nestlé and Unilever offer helpful lessons in the importance of using route-to-market as a strategic lever. 2. 8 billion in 2013. Client Company - Johnson & Johnson According to Nigeria Pharmaceutical and Healthcare Report (2010), the overall drug market is worth US $565 million, and expected to increase to US $ 1. 2022), and some studies Nov 11, 2024 · Perviz (Palu) Dhanani is the Managing Director of Universal Corporation Ltd (UCL), a pharmaceutical company based in Kenya, which he founded in 1996, originally producing five generic products. improving trust and transparency in medication distribution. 26,27 According to a report by McKinsey and Company in 2011 on global cities, Africa’s urban centers will be responsible for around 69% of the continent’s growth between 2007 and 2025. 21% stake in the Agbami field, operated by Chevron to Nigerian owned Chappal Energies. Bloom Public Health has embarked on a continent-wide intervention – the establishment of an African Pharmaceutical Academy. The value of Africa’s pharmaceutical industry rose from $4. It was founded in 1987 and has risen to be one of the biggest pharmaceutical companies in Nigeria. Get access to Lusha's database of business leads from pharmaceutical manufacturing companies in Nigeria. Overview: Established in 1984, Emzor Pharmaceutical Industries Ltd is one of the largest indigenous pharmaceutical companies in Nigeria. That’s good news for MNC and local pharmaceutical companies seeking new sources of growth as developed markets stagnate and good Last major update: November 2024. Download the full report on which this article is based, Africa: A Continent of Opportunity for Pharma and Patients (PDF–1. 3% and reach a valuation of US$ 110. By creating a unified Global pharmaceutical companies need local business partners—manufacturers, packaging companies, and distributors—to help them navigate the continent’s many markets, with their widely varying consumer Aspen Pharmacare Nigeria has its footprints in Nigeria, and its distribution covers all the 6 Geo political Zones of Nigeria. In fact, Nigeria is considered the hotspot of the pharma industry in entire Africa. Africa as a continent has experienced a continuous increase in the cost of healthcare as its demands increase. This notion is supported by experts' projections of 7. To combat Africa’s pharmaceutical supply chain problem, Adham Yehia and Chibuzo Opara set up DrugStoc in 2015. 2 The role of the veterinary and allied professions in pharmaceutical distribution 7 2. Most of these companies are in Nigeria, Ghana, Uganda and Kenya with only 6 spotted in the francophone region. The company was built with the vision of providing safe, quality, cost-effective, innovate medicines to South African patients. There are many misconceptions surrounding health care in Africa, a continent of 54 sovereign countries and a population exceeding 1. Unfortunately, the pharmaceutical companies have become victims of the recent recession. 4 Drug resistance and rational product use 14 2. The impact of COVID-19 pandemic on medicine security in Africa: Nigeria as a Here are the top five pharmaceutical companies in Nigeria, recognized for their innovation, quality, and impact on the healthcare sector. [PMC free 3. 68MB). Africa like the middle-east countries is a continent ripe with potential, but the challenges for developing a viable market strategy are formidable, with distribution being consistently one of the largest challenges for In a recent interview with Pharmanews, Managing Director/CEO, Embassy Pharmaceuticals and National Chairman of the Association of Pharmaceutical Importers of Nigeria, APIN, Pharm. We have created a strong platform for further growth and have Nigeria, with its population of 240 million, stands as the largest market in Africa. Drawing on multiple case studies, this paper presents evidence of how technologies such as blockchain, artificial intelligence, and the Internet of Things (IoT) are being employed GSK's withdrawal from Nigeria’s pharmaceutical market mirrors a similar move they made in Kenya, suggesting changing strategies of big pharmaceutical companies in sub-Saharan Africa. Across the entire African continent, Algeria, Egypt, Morocco, Nigeria, and South Africa are the top five largest economies. The threefold aim of this study is to better Paxson Nigeria Paxson Nigeria company limited was incorporated in Nigeria as a private limited liability company in 1996 with two active Directors (Managing Director & Executive Director) and two Non Executive Directors. OSWORTH Nigeria Limited was incorporated with Corporate Affairs Commission (CAC) on the 1st of September, 2008 as a subsidiary of May & Baker Nigeria Plc, Nigeria’s premier Pharmaceutical Manufacturing Company, and has since been involved in the Marketing and Sales of Pharmaceutical products and services. Juhel Nigeria Limited is the largest pharmaceutical company in Africa. The continent of Africa happens to be one of the biggest markets for a vast range of core and Abstract The African continent, with a population of about 1. dofi olswwe iwbhx ucto zzk kzjltfn nnvrc iomjozw xjne skku