Local Industry Growth Held Back By DonationsAugust 2012 | Industry Trend Analysis
BMI View: Introduction of the pneumococcal conjugate vaccine through a partnership between multiple foreign organisations has been well received by mothers with young children in Zimbabwe. However, despite this positive development, BMI maintains its view that the market is very unattractive to healthcare sector investors and drugmakers due to the government's unfulfilled commitments to drive the local pharmaceutical and healthcare industries, as evidenced by this recent partnership with non-commercial entities. As such, the local pharmaceutical sector is likely to remain neglected and under-developed, deterring foreign investment by multinational companies. The country's unstable political situation and poor economic environment contribute to the unattractiveness of the market.
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