pharmaceutical industry in south africa pdf

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SOUTH AFRICAN PHARMACEUTICAL INDUSTRY by DEREK KELVIN MADER submitted in fulfilment of the requirements for the degree of MASTER OF COMMERCE in the subject BUSINESS ECONOMICS at the UNIVERSITY OF SOUTH AFRICA SUPERVISOR: MRS S A HAMERSMA NOVEMBER 1994 What will 2021 be about? She provided a SWOT analysis of the industry, and said the key strengths were the high demand for pharmaceutical products, and the fact that API manufacturing existed in the country. development of a local pharmaceutical industry for the local production of essen-tial drugs, and promoting the prescription of generic drugs in both the public and private sectors (see Exhibit 5).10 South Africa's Approach to the AIDS Crisis At the same time, South Africa was facing a tremendous increase in HIV in- Local manufacturing, valued at R 4.9bn in 2015, is dominated by local companies. South Africa Pharmaceutical Industry Report 2019 News provided by. South Africa’s total pharmaceutical expenditure is set to increase from ZAR 43.3bn (USD 3.2bn) in 2017 to ZAR 45.4bn (USD 3.4bn) in 2018, equating to growth of 4.8% The industry is highly concentrated with the two largest companies - Aspen Pharmacare and Adcock A report “ The Pharmaceutical Industry in South Africa 2017 ” highlights some of the developments in the South African manufacturing and retail sectors during 2016 and 2017. J Pharmaceutical are Health Systems o u r n a l o f t P h a r m a c e u t i c a l C a r e & H e a l h S y s t e m s ISSN: 2376-0419 Regulatory Analysis of Mark-up Structure in Medicine Prices by the Pharmaceutical Industry in South Africa Ondo ZG* Department of Pharmacology, Faculty of Health Sciences, University of Pretoria, South Africa ABSTRACT Pioneering pharmaceutical research and development. With the increasing adoption of Western lifestyle in Africa, there has been a paradigm shift in the burden of illness towards non-communicable diseases (NCDs), driving the demand for chronic prescription drugs. endstream EIPG: 2019 was about Brexit, 2020 was about Covid-19. The predicted growth in the global pharmaceutical market between 2012 and 2021 is estimated at 26% (according to PROPARCO’s SP & D publication), but the African drug market could increase by 200% according to a realistic assumption, or by 300% according to an optimistic hypothesis within this same period. The tropical climate of Africa makes the continent the largest reservoir of infectious diseases, particularly malaria, tuberculosis (TB), and acquired immune deficiency syndrome (AIDS), besides frequent outbreaks of polio, meningitis, cholera, pandemic influenza, yellow fever, measles, hepatitis, and tetanus. The pharmaceutical market was valued at R 45 billion and the private sector holds 84%, while the public sector has 16% in value share. Research and Markets Jun 06, 2019, 15:00 ET. 1 0 obj Approximately 25 foreign pharmaceutical companies selling medicine into South Africa market (e.g. Sub-Saharan Africa is expected to lead the trajectory at a rate of 7.5% CAGR.3 The South African pharmaceutical market was valued at $3.2 billion in 2017, making it the biggest in Africa (ahead of Nigeria, Egypt, and Kenya). South Africa’s pharmaceutical industry was valued at R50 billion in 2018, based on the manufacturers exit price, and R68 billion when measured using retail sales. Market Structure Approximately 8 local manufacturers Produce mainly generics. Save my name, email, and website in this browser for the next time I comment. With the provision of the right drugs to treat respiratory infections, diarrheal diseases and malaria, around 10 million lives would have been saved in 2015. The first two chapters of the report feature the country profile by giving general information on South Africa and by thoroughly studying its economic state, (including key macroeconomic indicators and their development trends). ii. The tropical climate of Africa makes the continent the largest reservoir of infectious diseases, particularly malaria, tuberculosis (TB), and acquired immune deficiency syndrome (AIDS), besides frequent outbreaks of polio, meningitis, cholera, pandemic influenza, yellow fever, measles, hepatitis, and tetanus. Hungary: Logistic challenges in the pharma industry due to Covid-19, Regulatory sandboxes to experiment real-world innovation, The EU Commission published the new Pharmaceutical Strategy, Buone notizie per i malati di epatocarcinoma: la combinazione Tecentriq / Avastin di Roche è in grado di prolungare la sopravvivenza globale (OS), Procedura semplificata di prezzo e rimborso per i farmaci equivalenti/biosimilari, Radiofarmaci alfa-emittenti di prossima generazione, Convalida dei processi termici: termocoppie CAP IT tipo “T” ULTRA-PREMIUM, Maxi-accordo nel mondo del pharma sull’asse Italia-Svizzera. The sector seeks to meet this challenge in the context of implementation of the National … 4 0 obj ���x@�B� H��v�J�������8�c���K]��VA'"q�*��ވ�Z���C_�K_��-`c�Iذ�tۥ[�VX���5y���1]p���4[��)�,}~�� ����+�V���;o Ąz�����}W�SJH�W˦��b��W��FÉ�v����9㎭�7,���`�R��|��)���cg V���~|X�����8��r����Kl�*PR�����$�d�gӲ��O���-מ��_9��~^p�X�~>�Sa�~�w�]r�X&U�ʚʌm�1GI���+�ҟOP�r�O5[/�yYt���tG }�}���ׂn+9��]F�4��ҍcS��B�l�1N`8�q�*�P�&]���޸����f�_� � ��'js��d�pa?�Q��ȴtR;Yq����}-�e�R$^��uϪv� �VϏr Government support has been focused on programmes that promote and support domestic manufacturing and R&D. The industry faces the challenge of expanding access to and affordability of drugs, on the one hand and growing South Africa’s drug manufacturing capacity on the other. "The Pharmaceutical Industry in South Africa 2020" report has been added to ResearchAndMarkets.com's offering. Download the full report on which this article is based, Africa: A Continent of Opportunity for Pharma and Patients (PDF–1.68MB). <> A growth scenario is the one expected on African pharmaceutical market. %PDF-1.5 <>/Font<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/MediaBox[ 0 0 720 540] /Contents 4 0 R/Group<>/Tabs/S/StructParents 0>> Based on African Pharmaceuticals Market Report of Frost and Sullivan of 2016, the pharmaceuticals market in Africa is expected to reach a business opportunity of $45 billion in 2020. ",#(7),01444'9=82. DUBLIN--(BUSINESS WIRE)--The "The Pharmaceutical Industry in South Africa 2019" report has been added to ResearchAndMarkets.com's offering.This report on the pharmaceutical industry … Sede legale: Via Eritrea 21 - 20157 Milano. In a worldwide comparison Africa is currently a very small and economically sub-scale and micro-fragmented market. The South African Pharmaceutical industry . The pharmaceutical industry, a vital one which incorporates research and development, manufacture, import, distribution, wholesale and retail of pharmaceutical products, was valued at R39.3bn in 2015. With the increasing adoption of Western lifestyle in Africa, there has been a paradigm shift in the burden of illness towar… The clinical trial business in South Africa is now valued at around 250 million Euros but very little information, other than business and profit analysis, is available. Boehringer Ingelheim, Norvartis, Eli Lilly, Merck, AstraZeneca, Pfizer). South African companies hold the number one position for overall market share, for Pharmaceuticals only and for over-the-counter medication only. Currently the South African pharmaceutical industry is being affected by legislation, as the government is readjusting the whole healthcare system to make it cost-effective and equitable. --The The Pharmaceutical Industry in South Africa 2019 report has been added to ResearchAndMarkets.com' s offering. The South African pharmaceutical market is forecast to grow around 7% a year and reach R54 billion in value by 2021. Moreover, since 2014, new drug compounds have reduced as a contributor to growth in the pharma industry. Involved in the sector are 276 companies licensed by the Department of Health and the Medical Controls Council. 3 0 obj stream South Africa is ranked number 46 in the list of global exporters of pharmaceutical products. It accounts for just two percent of the global pharmaceutical market, and when South Africa is excluded, has approximately half a percent of the global market spread across about 40 different countries in Sub-Saharan Africa. In the meanwhile, population will continue to suffer from infectious and parasitic illness, but lifestyle diseases such as cardiovascular diseases, diabetes, and cancer will witness high growth rates throughout the forecast period. Must act with due care, skill and diligence, ... Pharmaceutical Society of South Africa Dublin, April 29, 2019 (GLOBE NEWSWIRE) -- The "The Pharmaceutical Industry in South Africa 2019" report has been added to ResearchAndMarkets.com's offering.. Every 30 seconds one African child is killed due to malaria. You have entered an incorrect email address! African Pharmaceutical Market Outlook. Goldstein Research analyst forecast the Africa pharmaceuticals market size is set to reach USD 160.7 billion by 2024, at a CAGR of 20.4% over the forecast years. endobj organisation, its industry, the triple context in which it operates, the capital it uses and affects as well as the key laws, rules, codes and standards applicable to the organisation. Its pharmaceutical spending per capita is high for an African country - at USD 57 in 2017. endobj As sub-Saharan Africa develops its local pharmaceutical industry, it is imperative that countries continuously upgrade their quality standards and enforcement. © 2020 Tecniche Nuove Spa • Tutti i diritti riservati. An emerging country with a dynamic market, South Africa is widely seen as the gateway to Africa. x����j1����R Although a greater variety of products is available in the private sector, the public health sector consumes the largest volume of pharmaceuticals. ��5-f����� ��]N��'��L*��� endobj Capitale sociale: 5.000.000 euro interamente versati. Limited affordability of governments and the general population for healthcare and pharmaceuticals and a high reliance on donor funding will be the major market restraints. Africa is the only pharmaceutical market where genuinely high growth is still achievable, value of Africa’s pharmaceutical industry jumped to USD 28.56 billion in 2017 from just USD 5.5 billion a decade earlier. Codice fiscale, Partita Iva e Iscrizione al Registro delle Imprese di Milano: 00753480151. This rapid growth could be dependent of a convergence of changing economic profiles, rapid urbanisation, increased healthcare spending and investment, and increasing incidence of chronic lifestyle diseases. From major multinational pharmaceutical corporations to burgeoning local generic companies, a wide range of industry players are present, developing their best strategy to make the most of the many opportunities within the country’s borders and beyond. The purpose of this research is to investigate the shifting structure of pharmaceutical production in South Africa and examine the global and local factors that have contributed to this change. <>>> 5 0 obj �,��B����RC��"�b�l���n�CK޾���=8P��F���Hл���ި?�����A~Ǒ)�� This is R 4.9 billion in value made up mostly of generic products, exported to Africa. endobj This report is a comprehensive research of pharmaceutical industry in South Africa. DOI: 10.35248/2376-0419.19.6.203 Corpus ID: 211807250. South Africa was ranked 46 globally for exporting pharmaceutical products, and 42 for imports. Qz�(� �,�nO��#��)��� ��$���\�� {�!�rx�P�T�j�0v:���p��2��t�YH�J�+�E�Wp] Based on World Health Organisation prediction, the proportional contribution of NCDs to the healthcare burden in Africa will rise by 21% through 2030. By promoting significant investment in research and development, advancing ethical conduct and setting the bar for excellence in the pharmaceutical industry, IPASA aims to create a way for more effective, convenient and safer drug therapies to be made available to patients in South Africa. Half of Africans do not have access to essential drugs. Regulatory Analysis of Mark-up Structure in Medicine Prices by the Pharmaceutical Industry in South Africa @article{Zg2019RegulatoryAO, title={Regulatory Analysis of Mark-up Structure in Medicine Prices by the Pharmaceutical Industry in South Africa}, author={Ondo Zg}, journal={Journal of Pharmaceutical Care & Health Systems}, … The decision to focus on the situation in South Africa was motivated by the popularity of the country as clinical trial destination for the multinational pharmaceutical industry. According to the Pharmaceutical Industry in South Africa 2017 report of research and markets, the pharmaceutical industry provides the vital service of providing medication to the South African population and was valued at between R 42.6bn (€ 2,72bn) and R 45bn in 2016. The purpose of The highest growing pharmaceutical company in South Africa (by a long shot) is Mylan: a multinational firm that specializes in generics in South Africa (good move). ���� JFIF ` ` �� C South Africa E-mail: afatti@gmail.com E-mail: adeline.dutoit@up.ac.za Received February 12, accepted 25 February 2013 ABSTRACT: Currently the South African pharmaceutical industry is being affected by legislation, as the government is readjusting the whole healthcare system to make it cost-effective and equitable. Major driving factor for Africa pharmaceutical market is the expansion of healthcare capacity which according to the World Bank Africa acquired 70,000 new hospital beds, 16,000 doctors, and 60,000 nurses, adding up to a total of 1,050,000 beds, 498,370 doctors, and 1,250,000 nurses between 2005 and 2012. > South Africa has committed to creating a competitive environment in the pharmaceutical and medical devices industry. Now is the time for drug companies to decide whether they want to be part of that growth and, more important, play an active role in improving public health. In 2015 Aspen had a market share of 15.3% and Adcock Ingram’s market share was 8.9%. South Africa is the only country in Africa that meets World Health Organization standards to manufacture pharmaceutical products. 2 0 obj Beyond saving lives, a stronger regulatory system would allow for a fair and competitive playing field, eliminating low-priced, substandard products from the market. – Structure of healthcare sector in South Africa – Pharmaceutical industry in South Africa • Price determination of pharmaceuticals – History of price formulation – Single Exit Price methodology • Price comparison tools – Scoping study analysis in the pharmaceutical sector • Competition Cases in the Pharmaceutical Sector <> Pharmaceutical companies will increasingly benefit from a centralised procurement database. The pharmaceutical industry provides medication to the South African population and was valued at … (PDF) Emerging Pharmaceutical Market in South Africa ... ... simple No local manufacturer of antiretroviral (ARV) active pharmaceutical ingredients (API). %���� <> South Africa’s pharmaceutical market is the single largest on the African continent. Africa will continue to grow for the foreseeable future. $.' Share this article. stream The 10 largest pharmacy retail chains in Nigeria, Kenya and Ghana manage 186 outlets for a population of almost a quarter of a billion people. The global pharmaceutical market, valued at $1.1 trillion in 2017, 3 is expected to grow to $1.4 trillion by 2020, representing a 4.2% compound annual growth rate (CAGR). 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