David O. Odhiambo’s Post

“Currently, Nigeria manufactures only about 25% of its pharmaceutical needs, with a staggering 70 per cent imported from other nations. It would be much easier to regulate the quality of manufactured medicines if they are locally produced.” If you are just like me, you’d agree that those figures do not look good. In a study by my colleague Melody Okereke, there are over 115 registered pharmaceutical manufacturers in Nigeria, but we still depend on other countries for the supply of active pharmaceutical ingredients and excipients. In an interview with the Nigerian Tribune, I highlighted some issues we are faced with as it relates to the affordability, accessibility and quality of medicines in Nigeria. Read here: https://lnkd.in/dH9UkzjP #pharmacy #pharmaceuticalindustry #manufacturing #healthcare

🌐 The Role of Global Supply Chains in Ensuring Medication Accessibility 🌐 Global supply chains are essential for making medications accessible worldwide. At AYANSH ENTERPRISES, we work with international partners to ensure that life-saving drugs reach even the most remote areas. Our robust logistics network ensures timely and efficient delivery, no matter where the need arises. Fact Check: Over 80% of active pharmaceutical ingredients (APIs) used in drugs worldwide are produced in just a few countries, underscoring the importance of reliable global supply chains. #GlobalSupplyChains #MedicationAccessibility #AYANSHENTERPRISES #HealthcareLogistics

Pharmaceutical exports from Bangladesh notched record growth in November this year as local drug makers secured new markets and larger orders, according to industry people. Data from the Export Promotion Bureau (EPB) shows that the country's pharmaceutical shipments rose by 52.45 percent year-on-year to $92.58 million in the July-November period of the current fiscal year. #Pharma #Export

Pharmaceutical exports from Bangladesh notched record growth in November this year as local drug makers secured new markets and larger orders, according to industry people. Data from the Export Promotion Bureau (EPB) shows that the country's pharmaceutical shipments rose by 52.45 percent year-on-year to $92.58 million in the July-November period of the current fiscal year. #Pharma #Export #Bangladesh

[Q&A] #014 - Expanding Your Pharmaceutical Business into Vietnam Looking to grow your pharmaceutical business in Vietnam? There are exciting opportunities ahead, and we're here to guide you through the process! 🏢 Two Main Options: 1. Open an Affiliated Company: Operate directly in the market and engage in wholesale activities. 2. Establish a Representative Office (RO): Focus on promotional activities and partner relationships without direct business operations. Both options have their unique benefits, from capital requirements to compliance procedures. Our expert team at Van Pham LLC is ready to help you choose the right path based on your specific goals. 🤝 Connecting You with Local Partners: We'll try to contact of over a thousand pharmaceutical companies and pharmacy stores in Vietnam to help you find the perfect partners. Plus, we'll promote your company through our social media channels to maximize your reach. Let us support your expansion journey! 🌟 📩 Contact us today to learn more about how we can help you successfully navigate the Vietnamese market. #vanphamllc #PharmaceuticalBusiness #VietnamExpansion #VanPhamLLC #BusinessGrowth #VietnamMarket https://lnkd.in/g2E2strj

#pharmaceuticals >> Pharmaceutical Sector of Ukraine: significant contribution to the budget and economy of the country 📈 In 2023, Ukraine’s pharmaceutical sector paid more than UAH 5 billion in taxes to the state budget, which confirms its key role in supporting the national economy. 💊 Pharmaceutical retail continues to operate steadily despite economic challenges, providing the population with the necessary medicines and supporting local employees. These figures demonstrate the strategic importance of the sector for Ukraine's development. Another important news is the introduction of the National Drug Verification System using 2D coding for pharmaceuticals. This system is aimed at protecting medicines from counterfeiting. The policy requires manufacturers to include safety measures on the packaging of medicinal products to enable traceability and guarantee their quality. Participation will be voluntary starting from January 1, 2026, and mandatory from January 1, 2028. 🔍 The introduction of this system is another step towards increasing the transparency and safety of the Ukrainian pharmaceutical market. Links: https://lnkd.in/dTHBr-Mi https://lnkd.in/dVPRuTSJ https://lnkd.in/d6efj8-k #pharmaceuticals #pharma #Ukraine #EasternEurope #pharmaindustry

Year-over-year, the sector grew by 5.9 percent compared to October 2023, while the cumulative increase from January to October was 9.8 percent over the same period last year. These figures highlight the sector’s sustained expansion, which aligns with Vietnam’s focus on its healthcare infrastructure and localising pharmaceutical production to reduce reliance on imports… https://lnkd.in/gWmn5cm9

🚚 ILIOR: Certified Pharmaceutical Logistics 🌡️💊 We are proud to announce that ILIOR is now officially registered with the State Agency of Medicines of Latvia (ZVA)and holds the GDP (Good Distribution Practice) certification! ✅ What does this mean? 1. Compliance with global standards: Ensuring the safe storage and transport of pharmaceuticals, including temperature-sensitive products. 2. Cold chain capabilities: Modern refrigerated storage for critical medications like vaccines and biologics. 3. Trusted partner: Our ZVA registration enables us to provide reliable logistics solutions across Latvia’s pharmaceutical market. This achievement strengthens our commitment to quality and safety in pharmaceutical logistics. #ILIOR #Logistics #GDP #PharmaceuticalLogistics #ColdChain #ZVA #SupplyChain

Access to quality health products is essential for achieving #UHC. Ensuring both access and quality is critical because supply chains that get products to people wherever and whenever they need them can't be impactful if those products are fake or substandard. Read how VillageReach and Acorep RDC built a directory of WHO certified local private distributors and manufacturers: https://bit.ly/3Tpn25m. By using this directory, the government, donors and other technical partners in DRC can work with certified pharmaceutical distributors and manufacturers across the country. As these certified companies benefit from more business opportunities, the local pharmaceutical industry will grow creating an emulation effect, motivating the private sector in DRC to invest in complying with WHO standards. APDA - African Pharmaceutical Distribution Association #UniversalHealthCoverage #SupplyChainManagement #HealthcareInnovation

🌍 Breaking Barriers: Medicines for Europe unveils its latest report on the challenges EU generic and biosimilar pharmaceutical companies face in key international markets. 🔎 The report analyzes 11 diverse countries, shedding light on critical trade barriers, including: 🔹 Complex public procurement rules 🔹 Regulatory misalignments 🔹 Local manufacturing biases 🔹 Pricing & reimbursement hurdles 🔹 Intellectual property constraints 📊 Dive into the insights and explore the opportunities for off-patent medicines in these global markets. 👉 Read the full report: https://lnkd.in/g6qF3rKg #MOPI #PharmaceuticalIndustries #MedicinesforEurope #Generic