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Yaoundé - 16 January 2019 -
Health

Only 10% of the drugs Cameroon needs is produced locally

Only 10% of the drugs Cameroon needs is produced locally
  • Comments   -   Friday, 23 February 2018 13:34

(Business in Cameroon) - Every year, Cameroon imports about 90% of the drugs it needs while local producers supply the remaining 10% of a market estimated at CFA100 billion.

The figures were revealed by Philémon Yang during the solemn inauguration of a drug production unit of Africure Pharmaceuticals, in Douala, on February 21, 2018. This unit was set by the Cameroonian Prospère Hiag, in partnership with Indian investors.

According to its promoters who invested CFA5 billion for it, Africure Pharmaceuticals has the capacity to produce 1 billion tablets.

BRM

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