Tag: Medicine

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Nigeria plans first local veterinary hormonal drug manufacturing plant

Nigeria could soon begin producing veterinary hormonal drugs locally, as Chromedix Pharmaceuticals Limited has approached the Federal Ministry of Livestock Development with a proposal to build the country’s first manufacturing facility for such products. Vanguard reported that this comes five months after the ministry raised alarm over the persistent circulation of substandard and falsified veterinary […]

Pfizer shuts down commercial operations in Nigeria
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Pfizer shuts down commercial operations in Nigeria

Global pharmaceutical giant Pfizer has officially shut down its commercial operations in Nigeria, rendering its commercial employees redundant, West Africa Weekly reported. Documents indicate that affected employees have received formal redundancy notifications, marking a significant restructuring of Pfizer’s business presence in the country. While the company is proceeding with layoffs, details of severance packages remain […]

Pharmaceutical companies support local production with N600bn intervention fund
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Pharmaceutical companies support local production with N600bn intervention fund

A N600 billion Pharmaceutical Manufacturing Development Fund, with a five percent interest rate for a minimum seven to ten-year duration, is being proposed by the Federation of Nigerian Pharmaceutical Industry Associations. During a forum organised by FeNPIA in honour of Prof. Muhammad Pate, the Coordinating Minister of Health and Social Welfare, the group made the […]