Sam Pharmaceuticals opens WHO-Standard factory in Nigeria with FCMB, BoI support

Sam Pharmaceutical Limited has opened a caller manufacturing installation successful southwestern Nigeria, expanding section cause accumulation capableness arsenic the state pushes to trim reliance connected imported medicines.

The plant, located successful Ota, Ogun State, meets World Health Organisation (WHO) Good Manufacturing Practice (GMP) standards and was financed with enactment from First City Monument Bank (FCMB) and the Bank of Industry (BoI).

The installation has the capableness to nutrient much than 400 cardinal tablets, 50 cardinal capsules, 2 cardinal bottles of syrup, and 1 cardinal pouches each month, according to the company.

Nigeria has been seeking to boost home pharmaceutical manufacturing pursuing proviso concatenation disruptions during the COVID-19 pandemic that exposed vulnerabilities successful its import-dependent proviso chain.

Minister of State for Health, Adekunle Salako, said astatine the commissioning connected April 8 that the task aligns with the government’s thrust to grow section pharmaceutical accumulation and trim reliance connected imports.

Ogun...