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Lenias Hwenda | How to fix Africa´s growing pharmaceutical trade deficit | Stavros Nicolaou
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09 Nov 2021 | Africa´s largest pharmaceutical multinational corporation, Aspen, is a trailblazing company that has shown that you can occupy global leadership position out of Africa. In a fireside conversation with Lenias Hwenda, Stavros Nicolaou, a Senior Executive at Aspen Pharmacare lamented that the his observation that countries on the African continent have a problem with pharmaceutical manufacturing implementation. Africa does not have many companies that have achieved Aspen Pharmacare´s success because far too many African pharmaceutical companies have been mothballed over the years primarily due to the procurement dynamics that excludes African manufacturers from local and international markets. African governments need to designate locally produced pharmaceuticals in order to solve their growing pharmaceutical trade deficit.
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