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:
Latest Stories
-
GPL 2024/25: Medeama aim to halt GoldStars’ unbeaten run in Western derby
54 mins -
AFCON 2025Q: Jordan, Alidu, Gideon and Fatawu ruled out of Niger’s clash
1 hour -
Developing countries need $1 trillion annually by 2030 to combat climate change, new report warns
3 hours -
NALAG elect Alfred Aseidu Adjei as new president
3 hours -
If I focused on self-promotion, my statues would be everywhere – Mahama
4 hours -
GPL 2024/25: Nsoatreman draw 1-1 against Aduana in Bono derby
4 hours -
Don’t be used for electoral misconduct, you would be dealt with – IGP warns
4 hours -
Prof Ato Duncan to launch blueprint for sustainable global peace
6 hours -
Southwest flight struck by bullet at Texas airport
6 hours -
Malcolm X’s family sues FBI, CIA and NYPD over his murder
6 hours -
BCI takes free breast cancer screening to Mampong Okuapeman
7 hours -
Measuring the Green Wealth of Nations: Natural capital and economic productivity in Africa
7 hours -
COP29 protest: Global call for plant-based treaty gains momentum
7 hours -
We drew EC’s attention to Ahafo, Volta ballot papers anomalies – NDC
7 hours -
Supreme Court steadily chipping away at Parliament, breaching separation of powers – Tony Aidoo
8 hours