The government endeavors to liaise with relevant local and international financial institutions to provide funds for the growth and development of the pharmaceutical industry.
Northern Regional, Mr. Shani Alhassan Shaibu revealed this during the 87th Annual General Meeting of the Ghana Pharmaceutical Society in Tamale.
“In order to be globally competitive, pharmaceutical industries need to meet certain international quality standards and it is comforting to know that with a little support, industries will achieve these standards in no time,” a- he added.
The Northern Regional Minister said that as part of efforts to create unhindered access for local pharmaceutical companies to the ECOWAS market, the Ministry of Foreign Affairs, Trade and Industry will actively promote the pharmaceutical industry of Ghana and its products in the ECOWAS region,
“They would also actively advocate for the removal of all trade barriers to intra-regional trade, with respect to pharmaceuticals.
“When we do that, I would expect our companies to produce at least 60% of our medicines locally and export to the ECOWAS region,” he said.
He commended the Society for working closely with the Pharmacy Board and the Office of the Vice President to develop and implement e-pharmacy in Ghana, adding that the initiative would go a long way in helping many Ghanaians to have access to essential drugs wherever they are. .
On his part, the President of the Pharmaceutical Society of Ghana, Samuel Kow Donkwoh, indicated that the society has worked in collaboration with the pharmacy board to improve the regulation of pharmaceutical practice in Ghana as well as to initiate the practice of online pharmacy in Ghana – the first of its kind in sub-Saharan Africa.