African Business News

EffRx Pharma signs distribution agreements for Binosto in Russia, Africa

Switzerland-based EffRx Pharmaceuticals has signed two new distribution agreements that will bring its osteoporosis treatment, Binosto, to markets in Russia, CIS countries and Africa.

The company has partnered with Andrus for the distribution of Binosto in Russia, Armenia, Azerbaijan, Belarus, Georgia, Kazakhstan, Kyrgyzstan, Moldova, Tajikistan, Turkmenistan, Ukraine and Uzbekistan.

Read more...

Nigeria, emerging hub for pharma market expansion in Africa

As growth opportunities continue to move away from traditional pharmaceutical markets and growth patterns in developed markets continue to flatten, many multinational companies (MNCs) like Norvatis, Pfizer, Sanofi, Johnson & Johnson, etc. look toward Africa, including Nigeria for their expanding global footprint.

This is evident following GlaxoSmithKline (GSK) plan to invest over $200million in Africa over the next five years, expanding manufacturing in Nigeria and Kenya and building five new factories-Rwanda, Ghana and Ethiopia given its attractive long-term growth potential.

Read more...

Ascendis Health acquires Pharma Natura for ZAR121 million

Ascendis Health (Pty) Limited, announced the 100 % acquisition of Pharma Natura from Guy Wertheim Aymes Family Holdings for ZAR121 million, a deal that includes the well-known brands Vitaforce, Bettaway, Homeoforce as well as the properties and manufacturing facility in Johannesburg, South Africa.

Ascendis is a fast growing health products group, which markets health and care brands for humans, plants and animals.

Read more...

African Medical Workers Discuss How to Adopt Healthcare Technology

HEALTH practitioners across the continent need to adopt the use of ICT as a major catalyst for the improvement of healthcare service delivery.

This was agreed upon by health experts at the opening of a workshop on Health Information System second version (DHIS2) in Rubavu District on Wednesday.

The 10-day workshop aims at strengthening national and regional capacity to successfully set up, design and maintain the DHIS2 software, building a community of DHIS2 users and experts in the different regions while facilitating the sharing of experience on the system.

Read more...

Latest African news, articles, business information and special reports from across the African continent.