The pharmaceutical companies in Ghana strive towards the efficient and effective research, development, and distribution of quality pharmaceuticals.
As in many developing countries in West Africa, Ghana’s pharmaceutical industry is dependent on foreign inputs and finished pharmaceutical products.
Introduction to pharmaceutical companies in Ghana
About 70% of the drug demand is satisfied with imports, mainly from India and China, the remaining 30% are accounted for by local production.
This breakdown corresponds to the distribution between prescription drugs and non-prescription (OTC) drugs in 74% and 26% of the market, respectively. OTCs encompass the majority of domestically manufactured pharmaceutical products.
The Industry has received government support as part of its agenda to promote national production. The state supports national companies in the construction of production facilities and helps to achieve international standards.
Ernest Chemists and Tobinco, for example, received financial support to build GMP-compliant manufacturing facilities, certifications that boost export prospects for the company across the ECOWAS region.
The state has also used commercial and tax structures to support local development The exclusion list of imported drugs has been increased from 20 to 40 drugs that can only be sold and manufactured locally, and in 2017 several drug deliveries were reduced to a VAT rate of zero.
List of pharmaceutical companies in Ghana
With more than 1000 registered pharmacies and more than 7 times the number of companies in the chemical and pharmaceutical industry, Ghana is one of the largest markets for the chemical-pharmaceutical industry in West Africa.
Below are some of the top Pharmaceutical Companies In Ghana
Add Pharma
Address: Lighthouse Mission Hospital, Accra, Ghana
Phone: +233 30 226 0712
Website: visit here
Ayrton Drug
Address: Naa Atta St, Accra
Phone: 030 224 5090
Bedita Pharmaceuticals
Address: Afram St, Accra
Phone: 030 223 3980
Capital O2
Address: H/No. 11, Nikoi Osu Street, North Kaneshie, Orgle Road Accra Ghana
Phone: +233-302249887
Danadams Pharmaceutical Industry Ghana Limited
Address: 67 Nungua Link, Spintex Rd, Accra
Phone: 020 204 1735
Denk Pharma Ghana
Address: 2nd Floor, Apex Square George Walker Bush Highway Extension, Accra
Phone: 030 397 0020
Website: Click Here
Entrance Pharmaceuticals & Research Center
Address: 16 Spintex Rd, Accra
Phone: 030 225 7485
Website: visit here
Ernest Chemists Limited
Address: Ring Road Central, Accra
Phone: 030 396 5675
Website: Click Here
ERNEST CHEMISTS SPINTEX
Address: JOHNSON WATT, Accra
Phone: 030 290 2929
GPSC Guilin Pharma Gh Ltd
Phone: 050 157 2133
Website: Click Here
Jinlet Pharmacy
Phone: 030 223 2268
Kinapharma
Phone: 030 225 5536
LETAP PHARMACEUTICALS
Address: H/No. Plot 107 Graphic Road, South Industrial Area
Accra, 10017 Ghana
Phone: +233-302224613
M&G Pharmaceuticals Ltd
Address: D446/1, Bannerman Rd, Accra
Phone: 030 266 6613
MARIDAV
Website: Visit
Address: Heavy Industrial Area, Tema, PMB KA 144 Airport, Accra Ghana
Phone: +233-322496060
Masnas El LTD
Address: Asafotu Close Accra Ghana
Phone: +233-244855472
New Global Pharmaceuticals
Address: Plot No.1 Light Industrial Area, Odorkor, Accra
Phone: 030 230 1028
Website: visit here
Roche Products Ghana Ltd
Address: No. Y21B, Agostinho Neto Rd, Accra
Phone: 030 277 4752
Shalina Healthcare Ghana Ltd.
Address: C315, 2 Farrar Ave, Accra
Phone: 026 279 9487
STARWIN PRODUCTS
Address: Near Rana Motors, Plot 16 Adjuma Crescent, P.O Box 5760, South Industrial Area, Accra Ghana
Phone: +233-302221788
Tobinco pharmaceuticals Ltd
Address: Kotobabi Down, Domiabra Street, 10 2nd Cl, Accra
Phone: 030 223 4375
Website: visit here
Unichem Ghana Limited
Address: 80 Spintex Rd, Accra
Phone: 030 222 7722
Website: visit here
WHL
Address: Spintex Road, Near Coca Cola Roundabout, Accra Ghana
Phone: +233-302264872
Innovation in Ghana’s Pharmaceutical Industry
Three Ghanaian pharmaceutical companies have joined forces to expand into the rest of West Africa and beyond. The three Ghanaian pharmaceutical companies merged to create the largest local pharmaceutical manufacturer with a portfolio of more than 80 products
Two pharmaceutical companies, Ayrton and Starwin, were delisted as part of the merger. Daniel Apeagyei Kissi, CEO of DAS Pharma, said the synergies from the merger would improve operational efficiencies, optimize costs and improve the offerings for customers and consumers.
The company will be able to increase volume, profitability and achieve its growth ambitions: “We will invest in the business to strengthen our position in Ghana and expand into the rest of West Africa and beyond.”
Pharmaceutical Policy in Ghana
The main goals of pharmaceutical policy in Ghana are access to essential pharmaceuticals for everyone, quality assurance of all pharmaceuticals on the market, a functioning and efficient supply chain, and the rational use of pharmaceuticals by professionals and patients.
The drive towards these goals has significantly improved access to medicines for insured patients, as measured by increased facility occupancy and rapidly growing sales of revolving funds for medicines.
Now there is a danger that non-rational prescribing and fraud will lead to rising drug bills that threaten the financial sustainability of the NHIS.
On the other hand, the National Health Insurance Authority (NHIA) has the resources and purchasing power to influence provider behavior and the market in terms of quality and price. This Policy aims to provide a compact overview of the situation, trends, and opportunities in the pharmaceutical sector in Ghana concerning the strategic goals of the five-year work program.
It summarizes data from several recent studies and reports. conducted by a variety of partners inside and outside the country, as well as discussions with key stakeholders in the sector.
The aim is to provide up-to-date background information to decision-makers and to provide some suggestions for specific policy initiatives aimed at achieving the objectives of the work program, with a particular focus on the role that health insurers have in stabilizing and improving service delivery, in improving health insurance Access to quality medicines and can play in promoting rational use. 523 in 1996.
It defines the role of the Food and Drugs Committee as a separate entity under the control of the Ministry of Health (MINSA), which is responsible for regulating the sector.
The Food and Drug Board (FDB) also operates the official drug quality control laboratory, which is responsible for testing quality samples obtained from manufacturers, importers, distributors, or other sources.
The FDB is also working on improving its public website to strengthen communication with the public to increase transparency and improve governance.
Conclusion
The Pharmaceutical companies in Ghana deal in generic or branded drugs and medical devices and are subject to a variety of laws and regulations governing the patenting, testing, safety, efficacy, and marketing of drugs.
we are open to suggestions and recommendations. Kindly drop your view in the comment section below.
Recommended article
Top pharmaceutical companies in Tunisia
List of pharmaceutical companies in Nigeria
40 biggest pharmaceutical companies in Nevada
list of pharmaceutical companies in Michigan
One comment