News / Health
Zimbabwe courts Indian drug firms
05 May 2013 at 08:49hrs | Views
Zimbabwe wants Indian firms supplying it generic medicines to produce the drugs locally so that its pharmaceutical sector could grow, the country's helath minister, Henry Madzorera, has said.
"Going forward, we desire our pharmaceutical industry to grow, and we believe that the Indian manufacturing sector can play a key role in Zimbabwe's development," Madzorera told IANS in an interview here.
The minister, now on a visit to India, is exploring this possibility with various Indian drug manufacturers and hopes to garner concrete partnership and collaboration proposals.
"Zimbabwe is right in the centre of three epidemics - HIV/AIDS, TB and malaria. We think drugs to control these should be manufactured in the region and Indian companies should exploit this opportunity," Madzorera said.
"We want to increase the manufacturing capacity of Zimbabwe through parnerships with Indian pharmaceutical firms."
He said companies had earlier hesitated to invest in his country as the nation of 13 million went through a difficult economic phase due to political uncertainty.
"The situation has now changed. Zimbabwe's economy is mostly dollarised. Though we may be a small country, Indian companies investing there will have access to a 250 million-strong SADC market," Madzorera said.
"Going forward, we desire our pharmaceutical industry to grow, and we believe that the Indian manufacturing sector can play a key role in Zimbabwe's development," Madzorera told IANS in an interview here.
The minister, now on a visit to India, is exploring this possibility with various Indian drug manufacturers and hopes to garner concrete partnership and collaboration proposals.
"Zimbabwe is right in the centre of three epidemics - HIV/AIDS, TB and malaria. We think drugs to control these should be manufactured in the region and Indian companies should exploit this opportunity," Madzorera said.
"We want to increase the manufacturing capacity of Zimbabwe through parnerships with Indian pharmaceutical firms."
He said companies had earlier hesitated to invest in his country as the nation of 13 million went through a difficult economic phase due to political uncertainty.
"The situation has now changed. Zimbabwe's economy is mostly dollarised. Though we may be a small country, Indian companies investing there will have access to a 250 million-strong SADC market," Madzorera said.
Source - business-standard
