ETHIOPIA - The Ethiopian Pharmaceuticals Manufacturers’ Association, which includes 15 local manufacturers, has submitted a letter of complaint on the unilateral action by the Pharmaceuticals Fund Supply Agency’s (PFSA) to call off a local preferential treatment clause for pharmaceutical manufacturers.
ZIMBABWE - United Kingdom-based GlaxoSmithKline plc (GSK), a leading global research-based pharmaceutical and healthcare company, has stopped operations in Zimbabwe due to the country’s high political risk profile.
RWANDA - The Minister of health yesterday informed cabinet that the country will host the Africa Network for Influenza Surveillance and Epidemiology (ANISE) meeting next month in Kigali.
KENYA - Indian conglomerate Godrej Consumer Products has bought a majority stake in Canon Chemicals, the makers of Valon petroleum jelly in Kenya, in a move marking yet another acquisition in the country’s fast-growing beauty market.
NIGERIA - International Finance Corporation (IFC), a member of the World Bank Group and Nigeria Sovereign Investment Authority (NSIA) have stressed the need to increase investments in the nation’s healthcare sector through Private Public Partnership (PPP).
GHANA - Mr Richard Okrah, the Managing Director of Intravenous Infusions Limited, has appealed to government to help remove the trade barrier placed on Ghanaian products by the Nigerian Government.
KENYA - Pharma Strides Shasun, which is listed in India, is set to buy a majority stake in Kikuyu-based drug manufacturer Universal Corporation Limited (UCL) for Sh1.1 billion ($11 million).
ABU DHABI — Mediclinic International, which is being created by the merger of Al Noor Hospitals Group and Mediclinic International, will be listed in London on February 15, the CEO of Al Noor said on Tuesday.