First, pharmaceutical companies in Nigeria would need to eschew the culture of counting their woes at all times and instead, begin to seek ways of partnering with government and working closely with each other in other to engage meaningfully in the development of locally made products.
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Each of these options cost a lot of money to maintain, and consequently drive the cost of production to the roof.
The policy of zero percent duty imposed by government on imported finished drug products as against 5 to 20 percent duty for imported raw materials for local manufacture of the same products is seen by operators and indeed stakeholders in the industry as a big threat to the development of the sector.
With a population saiba mais of 180 million currently, the largest in Africa and abundance of human and clique aqui natural resources, investment in the industry has a high potential of succeeding faster than any other country in the region.
In the same way, it fonte would be beneficial for pharmaceutical companies to collaborate and sponsor or support research initiatives by themselves or by reputable tertiary institutions in the country on aspects of pharmaceutical products manufacture.
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