'Pharma Companies Cut Profit To Reduce Drug Prices'
Drug manufacturer, May & Baker Nigeria Plc has said pharmaceutical companies in Nigeria cut their profits to help reduce high drug prices.
May & Baker CEO, Patrick Ajah, said the company increased prices only about three times since...
According to the Federal Ministry of Health and Social Welfare, an executive order that will curb the escalating drug prices in the country is currently awaiting the assent of President Bola Tinubu.
Naira Depreciation: Drug Imports May Hit Over N900bn
Drug prices are set to remain high in 2024 as import prices of pharmaceutical products may hit over N900bn due to the depreciation of the naira.
This is set to further put pressure on Nigerians who had grappled...
