Market intelligence, trend analysis and forecasts for the Pharma and Healthcare industries across the regions

Industry Developments

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Zimbabwe

Zimbabwe has closed all but two border crossings to pharmaceutical and medical device imports. The official explanation for the move, which came into effect in July, is to stem the... 2008-08-07


South Africa

South Africa has published a draft national policy on African Traditional Medicine (ATM) with the aim of 'institutionalising' ATM in the country's healthcare system. The move is in... 2008-08-06


United Arab Emirates

Julphar's total revenue in H108 increased by 14.4% year-on-year (y-o-y) to reach AED308.5mn (US$84mn), while its net profits increased by 96% to AED122.2mn (US$33.3mn) during the... 2008-08-05


Lebanon

Underlining BMI's view that Lebanon's healthcare funding model is in need of an overhaul, the UN Development Program (UNDP) has estimated that reform of the country's National Social... 2008-08-05


Tanzania

Reuters has quoted the Tanzanian health minister stating that the ministry plans to increase the number of HIV/AIDS patients receiving free anti-retroviral drugs to 440,000 by 2010.... 2008-07-30


Jamaica

In a move that should result in major consolidation in Jamaica's health insurance market, Sagicor Life Jamaica has agreed to acquire the health insurance portfolio of Blue Cross Jamaica,... 2008-07-30


Nigeria

The Federal Capital Territory Administration (FCTA) is planning to create a 500 hectare free zone for healthcare near the Nigerian capital, Abuja. The development, which would be... 2008-07-30


Oman

Oman's Ministry of Health has announced that it will tighten controls on the approval of herbal medicines in response to the growing popularity of alternative therapies. By October... 2008-07-29


Nigeria

The Vanguard has reported that the National Agency for Food and Drug Administration and Control, (NAFDAC) has closed down the counterfeit drug market in Onitsha, Anambra State. The... 2008-07-25


Spain

On July 23, Teva Pharmaceutical announced that it has completed its US$360mn acquisition of Bentley Pharmaceuticals which will operate in Spain under the Teva's name. With Bentely's... 2008-07-25

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