Audio By Carbonatix
Vice-President Alhaji Aliu Mahama on Friday called for the establishment of a strong pharmaceutical manufacturing base, which would lead to a significant reduction in the cost of drug importation.
"Our ability to do this will reduce the menace caused by the proliferation of imported fake drugs," he said.
Alhaji Aliu Mahama, who was speaking at this year's Pharmaceutical Manufacturers Association of Ghana (PMAG) Day in Accra, said government was pursuing policies under the Trade and Investment Promotion Programme (TIPP) aimed at removing both internal and external constraints to the development of locally manufactured drugs.
It was on the theme: “Pharmaceutical Manufacturing in Ghana - Building a Centre of Excellence.”
He said government was concerned about the influx of fake drugs into the country and called on PMAG to support its agencies to eradicate this anti-social practice.
Alhaji Mahama said government would support the association in developing a strong foundation in science, technology and research so as to nurture a pool of knowledge and talents, from which qualified manpower could be drawn for the industry.
He urged PMAG to collaborate with the Food and Drugs Board and the Centre for Scientific Research into Plant Medicine into coming out with drug formulations that would require the use of local resources and expertise.
Dr Michael Agyekum Addo, President of PMAG, said bureaucratic bottlenecks in dealing with government agencies and competition from lower priced products from China and India was killing the local pharmaceutical industry.
He called for the establishment of bio-equivalent centre to take advantage of the National Health Insurance Scheme that had increased the need for drugs and tax relief for some pharmaceutical raw materials.
Mr Addo said some of its members had the capacity to supply the West African sub-region with its pharmaceutical needs and called on government to work with sister nations in the sub-region for the harmonization of regulations in the industry.
Mr Benjamin Botwe, a Deputy Chief Executive of the Foods and Drugs Board, said to assure manufacturers of reasonable guaranteed markets, the FDB would introduce innovative regulatory policies. He proposed the setting up of bio- equivalence centres in the sub-region to assist local manufacturers in their bio analysis.
He said with the discovery of crude oil in the country, there was the need to establish a major petrochemical industrial base with emphasis placed on research and development.
Source: GNA
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
The case for appointing a substantive Defence Minister; President Mahama must see the urgency
8 minutes -
Photos: President Mahama launches e-Visa portal
14 minutes -
GNFS trains Gambibgo health staff on fire safety
22 minutes -
Asante Kotoko target UK-born Ghanaian coach as club hunts for permanent manager
23 minutes -
China executes man for murdering prominent gaming tycoon
25 minutes -
Ghana’s energy challenges: ‘Déjà Vu’ all over again?
33 minutes -
Academics push for integration of climate science into basic education system
42 minutes -
Port cost reforms necessary, but must reflect collective interests
59 minutes -
Vice President Jane Naana Opoku-Agyemang joins Guyana Independence celebrations
1 hour -
Parliament launches ‘Mini Parliament’ to give children a voice in national decision-making
1 hour -
Ghana records over 7,000 obstetric fistula cases amid calls for better maternal healthcare
1 hour -
Heavy rains destroy bridge, cut off some communities in Wa West
1 hour -
Groupe Nduom has won one battle but the capital war continues
1 hour -
Over 4,000 weapons surrendered during gun amnesty period — Dr Bonaa
2 hours -
Stonebwoy set to fill OVO Arena Wembley on August 15 with BHIM Festival
2 hours