Support Gov’t gives local drug manufacturers $26 million

Beneficiary companies include Ernest Chemists, Entrance Pharmaceuticals (Tobinco), DanAdams, Dannex, KAMA and Kinapharma.

  • Published:
24/7 Live - Subscribe to the Pulse Newsletter!

The Pharmaceutical Manufacturers Association of Ghana, on Tuesday, called on President John Mahama at the Flagstaff House to express their appreciation and also congratulate him for keeping to his promises and helping enhance the businesses of local drug manufacturing companies.

President Mahama has, in furtherance to his Agenda for Transformation and the promotion of Made in Ghana products, granted to the local drug companies, through the Export Trade, Agricultural & Industrial Development Fund (EDAIF), about $26 million to help expand their businesses.

Beneficiary companies include Ernest Chemists, Entrance Pharmaceuticals (Tobinco), DanAdams, Dannex, KAMA and Kinapharma.

play Gov’t gives local drug manufacturers $26 million

 

President of the Association, Ernest Bediako Sampong, speaking during a courtesy call on the President also thanked him for listening to their pleas to amend the VAT Law to exempt more than 1,500 products from VAT, thus giving the local manufacturers an advantage.

play Gov’t gives local drug manufacturers $26 million

 

Present at the meeting were the executives and members of the Association, Minister for Trade & Industry Ekwow Spio Garbrah, Minister for Health Alex Segbefia, Deputy Minister for Health Dr. Victor Bampoe.

Credit: Flagstaff House

Do you ever witness news or have a story that should be featured on Pulse Ghana?
Submit your stories, pictures and videos to us now via WhatsApp: +233507713497, Social Media @pulseghana: #PulseEyewitness & DM or Email: eyewitness@pulse.com.gh.

Recommended Articles

Recommended Videos




Top Articles

1 Education in Ghana Replace free SHS with bursary scheme - Mahama tells...bullet
2 Martin Amidu Witch-hunting propaganda won't stop me from prosecuting...bullet
3 Death Penalty Kufour against death sentence; says only God has right...bullet
4 GYEEDA Trial Abuga Pele's family react to jail sentencebullet
5 Peacekeeping UN South Sudan mission recalls Ghana's police unit...bullet
6 Corruption Report Rawlings wades into corruption perception...bullet
7 Social Media Rankings KNUST ranked most influential tertiary...bullet
8 Abetment of Crime Court rules on GYEEDA scandal todaybullet
9 Social Media Addiction to WhatsApp and Facebook caused...bullet
10 Corruption Fight Ghana falls in global corruption...bullet

Top Videos

1 Ebony's Death Video of Ebony's soldier singing 'morale songs' goes viralbullet
2 Political Marriage Ras Mubarak Marries Muntaka's Daughter As Second Wifebullet
3 Accident Truck driver survives death in accident at Taifabullet
4 Video Sad tale of Ghanaian journalist who left BBC for $162,000...bullet
5 Local News GCB closes down 31 branches of defunct UT, Capital bankbullet
6 Local News Police arrest men with bombs at Odorkorbullet
7 Video Bishop Charles Agyin-Asare prays for Dr. Mahamudu Bawumiabullet
8 Health File 80% new cases of HIV/AIDS were recorded in 2017bullet
9 Failed Promises Nurses threaten to vote against NPPbullet
10 Regional News Volta Region has the lowest crime rate- IGPbullet

Local