AFRICA – Serum Institute of India (SII), the world’s largest vaccine manufacturer, has made known plans to establish a vaccine manufacturing plant in Africa in its global expansion strategy. The…
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Teriak to receive a US$1.63M loan from Attijari bank Tunisia to boost local pharmaceutical production
TUNISIA – Tunisian Laboratoires Teriak S.A, a leading manufacturer of pharmaceutical products, is set to receive a TND 5 million (US$1.63M) loan from Attijari bank Tunisia to promote local pharmaceutical…
Read MoreAfrica CDC calls for COVID-19 vaccine buyers to make orders from Aspen
AFRICA – The Africa Centre for Disease Control and Prevention (CDC) has urged governments to procure COVID-19 vaccines intended for Africa from South Africa’s pharmaceutical company Aspen since the market…
Read MoreGhana’s President Akufo-Addo inaugurates US$35M pharmaceutical manufacturing plant
GHANA – Ghanaian President Nana Addo Dankwa Akufo-Addo has launched a US$35 million pharmaceutical manufacturing plant at Larpleku, Ningo-Prampram District to boost production of intravenous (IV) fluids, antiserums and vaccines.…
Read MoreBluePeak invests US$15m in pharmaceutical company Africure
AFRICA – Africure, a manufacturer and distributor of essential generic pharmaceutical products, has secured US$15 million from BluePeak Private Capital’s US$200 million targeted impact-linked fund. The new funding is expected to provide a vital capital…
Read MoreGhana to build pharmaceutical manufacturing hub to promote local production
GHANA – Ghanaian President Nana Akufo-Addo has ordered the establishment of an advanced pharmaceutical manufacturing hub named Pharma Park to promote local pharmaceutical production in the country. The pharmaceutical industry…
Read MoreSushen Medicamentos to build US$50m drug manufacturing facility in Ghana
GHANA – Indian pharmaceutical company Sushen Medicamentos and American philanthropist Michael Obeng have partnered with Ghanaian government to build a $50 million drug manufacturing facility in Akwamu, Ghana. Sushen Medicamentos…
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