Pharmaceutical analysis of nigeria

Nigeria Pharmaceuticals & Healthcare Report

The materials are to assist or direct you during your project. Neros Pharmaceuticals Neros Pharmaceutical Ltd is a pharmaceutical company which is experiencing a rapid growth. Their wide range of pharmaceutical products include chemotherapy, analgesics, nutraceuticals, psychiatry, haematinics, anti diabetic and cardiovascular.

The discovery of insulin and penicillin by Fredrick Bating and Alexander Fleming respectively in the s indeed marked the beginning of modern pharmaceutical industry that has become a major contributor to the economy of many nations of the world. Outbreaks of polio, meningitis, cholera, pandemic influenza, yellow fever, measles, hepatitis and tetanus among other diseases, are also frequent in the tropics.

Peace be unto you. Background of the Study 2. 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.

Important Consideration in Establishing Small-scale industries 4. Each of these options cost a lot of money to maintain, and consequently drive the cost of production to the roof.

Pharmaceutical Analysis of Nigeria

Population of Study 3. With a population of million currently, the largest in Africa and abundance of human and natural resources, investment in the industry has a high potential of succeeding faster than any other country in the region.

The Pharmaceutical Manufacturing Group PMGthe umbrella body of manufacturers of pharmaceutical companies operating in Nigeria on its part, has not failed to seize every opportunity available to catalogue the enormous challenges confronting its members in operating at optimum rates.

Read — PSN Conference and National Development In most advanced countries of the world, pharmaceutical companies are the most successful research based industries. From accounts of internationally reputable consulting firms like Pricewaterhouse Cooper, and Frost and Sullivan, the pharmaceutical industry in the African region is expected to be the fastest growing in the world due to escalating disease burden occasioned by factors that are dynamic in form.

Monday to Saturday Operation Time: Significance of the Study 7. Marketing problems associated with small-scale industries in Nigeria 6. The materials are to assist or direct you during your project. 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.

For instance the sector has offered employment to nearlyworkers while supporting over 3. Copy all our topics and give to your friends. It noted that pharmaceutical firms are in for big business because the incidence of infectious diseases is increasing in virtually every part of the world partly because some diseases have become drug-resistant, and that is compelling the international community to urgently find ways of addressing the challenge.

They supply pharmaceutical products to a government hospitals, industrial clinics as well as private hospitals in Nigeria amongst others. BMI Industry Forecast Scenario Industry forecasts to end for all key indicators, supported by explicit assumptions, plus analysis of key downside risks to the main forecasts: Locally manufactured drugs cannot compete favourably with imported ones — produced at relatively low costs from overseas companies.

A Strategic Study of the Nigerian Pharmaceutical Sector: Organizational Leadership, Market-share, and Competitive Performance a structure for analysis and assessment.

The study employed and pharmaceutical firms in Nigeria are imported. As atpharmaceutical imports reached a value of. Providing expert analysis, independent forecasts and competitive intelligence on the pharmaceuticals and healthcare industry.

The Pharma Industry in Nigeria: Challenges and Opportunities

Report includes: Industry View, Industry SWOT Analysis, Industry Forecasts, Pharmaceuticals and Healthcare Risk Reward Index, Market Summary, Economic Forecasts, Company Profiles and Competitive Landscape. PwC Investment Opportunities in the Pharmaceutical Sector - Nigeria/Pakistan • June Africa, the emerging market of the future 6 Is now the timeformulti-nationalsto.

The Nigeria Pharmaceuticals & Healthcare Report features BMI Research's forecasts for drugs and healthcare expenditure and imports and exports, focusing on the growth outlook for the prescription, OTC, patented drugs and generics market segments.

PESTEL, Porter’s Five Forces and Industry Lift Cycle frameworks to be applied to analysis the broad macro-environment that affected Pfizer in the pharmaceutical industry. 1.

Pharmaceutical Industry in Nigeria Market Research & Statistics

1. PESTEL framework PESTEL (Appendix I) is classifies into six environmental influences including Political, Economic, Social & Cultural, Technological, Environmental and Legal. This new report from provides a strategic analysis of the major business opportunities emerging in the cancer diagnostics market during the next five years.

The report examines emerging.

Pharmaceutical analysis of nigeria
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The Pharma Industry in Nigeria: Challenges and Opportunities – PharmaTimes