Business & Industry

Cipla Medpro amongst four companies awarded South Africa ARV tender

Cape Town-based Cipla Medpro, a subsidiary of Indian pharmaceutical major Cipla, has received a three-year contract for anti-retroviral (ARV) drugs from the South African Government. “Cipla Medpro, the third largest pharmaceutical company in South Africa, received R2 billion share of the South African Government’s 2015-17 National ARV tender,” said the company in its filing to exchange.

IFC extends facility to Nigeria pharmacy chain, HealthPlus

The International Finance Corporation (IFC), a member of the World Bank Group, has announced an agreement with HealthPlus Limited and CasaBella International Limited to provide a $5 million loan facility that will help the two companies expand pharmaceutical and personal care services in Nigeria.

NovaBay-Pharma-Logo-101912

NovaBay signs distribution agreement with the Biopharm Group

NovaBay Pharmaceuticals, a biopharmaceutical company focusing on the development and commercialization of its non-antibiotic anti-infective products, has signed an exclusive distribution agreement for NovaBay’s NeutroPhase Skin and Wound Cleanser with the Biopharm Group, a leading pharmaceutical company in the Middle East, headquartered in Cairo, Egypt. Under the terms of the agreement, Biopharm will market NeutroPhase

Deals

NGC_BANNER-01

Nigerian German Chemicals Plc targets growth with AFIG Funds investment

Shareholders of Nigerian-German Chemicals plc (NGC), a leading Nigerian producer and distributor of pharmaceutical products and bottled beverages, approved an investment agreement of up to USD 14 million with Advanced Finance and Investment Group (AFIG Funds), manager of the Atlantic Coast Regional Fund (ACRF) at NGC’s 2014 Annual General Meeting. NGC, a former subsidiary of

Policy & Regulatory Affairs

NAFDAC

NAFDAC’s Drug Control Lab Gets International Accreditation

The U.S. Agency for International Development (USAID)’s Director in Nigeria, Michael T. Harvey, today presented the International Organization for Standardization quality certificate to the National Agency for Food and Drug Administration and Control (NAFDAC) Central Drug Control Laboratory in Yaba, Lagos. This is the latest example of USAID’s ongoing effort to contribute to the quality

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Arab African Joint Pharmaceutical Market

Pharma Projects

Ghana inaugurates BE Centre steering committee

The Ministry of Health (MoH) yesterday inaugurated a Bioequivalence and Biopharmaceutical Research Centre (CBBR) Steering Committee to support local production of generic medicines for critical public health concerns including Tuberculosis, Malaria and HIV/AIDS. Dr Kwaku Agyeman-Mensah, Minister of Health, inaugurating the committee, said the Centre would support local manufacturers in Ghana and the Economic Community

Plans set for new ARV production plant in Ghana

Oxford International Biomedical Ventures (OIBV), the ‘commercial arm’ of  United Kingdom-based charitable organisation Oxford International Biomedical Centre (OIBC) and the Government of Ghana (GoG) led by the Ministry of Environment, Science and Technology (MEST), are set to jointly establish a plant to manufacture anti-retroviral drugs and drugs for Priority Endemic Diseases in Ghana, OIBC said in a

People

Pharma Deko appoints Non- Executive Director

Pharma Deko Plc has notified the Nigerian Stock Exchange that at the 137th meeting of its Board of Directors held on Wednesday, May 14th 2014, Professor Herbert C.B. Coker of the Faculty of Pharmacy, University of Lagos was appointed a Non–Executive Director of the Company effective May 15, 2014.

Press Releases

International

China delegation conducts East African visit and seminar

The Chinese Chamber of Commerce for Import & Export of Medicines and Health Products (CCCMHPIE) last month led a delegation to the East African countries of Kenya and Tanzania from Sep. 13 to 19 during which it held in Kenya a seminar titled “Sino-Africa Drug Trade Cooperation – The Seminar on Chinese Medicinal Products”.

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