N e w s

Officials from Ethiopia and Algeria discuss pharmaceutical investment

The two officials got together to talk about ways to improve their nations' sisterly relations' bilateral pharmaceutical collaboration. Minister Dr. Benbahmed received a briefing from Ambassador Nebiat, who also described the regulatory and distribution framework for pharmaceuticals in Ethiopia. Ethiopia offers a significant trade and investment potential for the pharmaceutical industry in Algeria. He continued by saying that, in accordance.... Read more »

Posted on : Thursday , 25th August 2022

NEPZA Attracts $100m Medical Equipment Manufacturing Deal to Nigeria

The Nigeria Export Processing Zones Authority (NEPZA) has secured an anchor tenant, Ash Biomedical Diagnostics Limited, ready to invest initial $100 million capital in the production of a variety of medical equipment in the freshly approved Medical/Pharmaceutical Special Free Zone in Lekki, Lagos. This was hinted at by Mr. Adesoji Adesugba, NEPZA Managing Director, after a meeting with the company’s team led by its Managing Director/CEO,.... Read more »

Posted on : Wednesday , 13th July 2022

Novartis, Sandoz demonstrate pivotal impact of public-private partnerships to strengthen healthcare sustainability in Egypt

Egypt - Novartis Egypt, together with Sandoz Egypt, its division for generics and biosimilars, partnered with health authorities and industry stakeholders to support the success of Africa Health ExCon, the region’s first all-encompassing platform to position the continent as a hub for health innovation and trade. Organized by the Egyptian Authority for Unified Procurement (UPA), Africa Health ExCon was held under the patronage of.... Read more »

Posted on : Wednesday , 13th July 2022

Agreement Signed for Construction of Neuropsychiatric Centre in Karen/Ngong

President Uhuru Kenyatta met with executives from San Raffaele Research Hospital, a renowned private hospital in Italy managed by group chairman Kamel Ghribi, to sign an agreement for the construction of a National Teaching and Referral Neuropsychiatric Centre in Karen/Ngong. The 600-bed hospital will be developed on an 80-hectare plot of land purposely to handle the East African country's rising mental disease burden. The country also.... Read more »

Posted on : Wednesday , 1st June 2022

BioNTech sets sights on oral mRNA vaccines with deal to access Matinas delivery technology

BioNTech has reached an agreement to investigate the oral delivery of mRNA vaccines. The German mRNA  specialist will investigate the potential for a lipid nanocrystal (LNC) platform to enable new vaccine formulations  in collaboration with Matinas BioPharma. BioNTech was thrust into the biotech big leagues by the pandemic, as the vaccine it found and produced with Pfizer  became a cornerstone of COVID-19 vaccination.... Read more »

Posted on : Wednesday , 13th April 2022

Pfizer has committed R255 million to the South African pharmaceutical industry

This investment, according to Pfizer, will provide jobs and opportunity for highly qualified health professionals. Pfizer, a multinational pharmaceutical corporation, has announced that through its relationship with the Biovac Institute, it will spend R255 million in South Africa's pharmaceutical sector. Patrick van der Loo, Pfizer's regional president for Africa and the Middle East (AfME), made the news at the Sandton Convention.... Read more »

Posted on : Wednesday , 13th April 2022

To improve healthcare in Africa, KARL STORZ has joined the IFC medical equipment facility

IFC recently announced that leading endoscope manufacturer KARL STORZ has become the newest company to join IFC's Africa Medical Equipment Facility, assisting Africa's healthcare providers in further strengthening their services in the aftermath of the COVID-19 pandemic. KARL STORZ's participation in the Africa Medical Equipment Facility (AMEF) will assist smaller healthcare businesses in East and West Africa in purchasing or leasing.... Read more »

Posted on : Wednesday , 9th March 2022

The African mRNA vaccine factory is expected to begin construction in mid-2022, according to BioNTech

BioNTech (22UAy.DE) has inked a deal with the Rwandan government and the Institut Pasteur de Dakar in Senegal to build Africa's first mRNA vaccine manufacturing plant, which will open in mid-2022 and assist the continent overcome health disparities compared to other parts of the world. BioNTech, which developed the most widely used COVID-19 shots in the western world with partner Pfizer (PFE.N), will initially build a production line with.... Read more »

Posted on : Wednesday , 9th March 2022

Rajsha Pharmaceuticals places a large bet on ayurvedic product export markets

Rajsha Pharmaceuticals, based in Ahmedabad, is looking for export opportunities in markets such as the United States, Canada, and the Commonwealth of Independent States. The company currently has a 30% export share of its overall turnover of Rs 15 crore, which it wants to grow in the coming year. Evergreen Liquid, Giloi Tablets, Vigor Capsules, Anu Oil, and Ayush Decoction are among the new ayurvedic products launched by Trojan.... Read more »

Posted on : Saturday , 19th February 2022

A Colorado marijuana company is planning to expand into Africa via Tanzanian medical clinics

Honest Marijuana Company joins together with a new clinic network to establish an African hub for medical marijuana cultivation and distribution. A marijuana corporation based in Colorado with worldwide ambitions plans to expand into Tanzania, with the intention of eventually breaking into the European market. Honest Marijuana Company, based in Oak Creek and specialising in organic marijuana, is teaming with a new chain of Tanzanian.... Read more »

Posted on : Saturday , 19th February 2022

Medexpo international trade exhibition for the medical and healthcare industry opens today

The 23rd edition of Medexpo Africa was inaugurated today by Prof. Abel N. Makubi, PERMANENT SECRETARY, Ministry of Health, Community Development, Elderly, Gender and Children in Dar es Salaam at the Diamond Jubilee Hall. The much awaited trade show is open from 10:00 AM to 6:00 PM for the public for 3 days till 19th of February 2022. This premier exhibition for the medical and healthcare industry is the one place to source new products, services.... Read more »

Posted on : Thursday , 17th February 2022

Kenya and Japan sign Memorandum of Cooperation to improve public health systems

Under the Africa Health and Wellbeing Initiative, Horie Ryoichi, Ambassador of Japan to Kenya, and Hon. Mutahi Kagwe, Cabinet Secretary for Health, Ministry of Health of Kenya, signed a Memorandum of Cooperation (MoC) between the Office of Healthcare Policy, the Cabinet Secretariat of Japan, the Ministry of Health, Labour and Welfare of Japan, and the Ministry of Health of the Republic of Kenya in the fields of Healthcare and Wellness. The MoC.... Read more »

Posted on : Tuesday , 11th January 2022

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