Tag: pharmaceutical industry
Mayowa Koko, the Content Manager for West Africa at Asoko Insight says the COVID-19 pandemic has caused a supply chain disruption at Nigeria’s pharmaceutical industry due to the Industry's dependence on import for raw materials. Koko joins CNBC Africa’s Wole Famurewa for more on this conversation.
Meristem Securities says in the near term, lock-down measures employed worldwide could impede the ease of importing raw materials. Also, the congestion at Nigeria’s seaport has only gotten worse, posing potential risks to logistics costs. Eniola Olabode, Senior Investment Analyst at Meristem Securities joins CNBC Africa to breakdown the impact of the Covid-19 crisis on some key pharma stocks.
Cipla Quality Chemical Industries Limited, reported a 14.2 per cent fall in revenue for its first full-year results announcement since listing. For more on their strategy plan, their plans to reverse the numbers and growth of the pharmaceutical industry in Uganda, CEO of Cipla Quality Chemical Industries Limited, Nevin Bradford joins CNBC Africa for more.