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Indigenous Pharmaceutical Business
Association petitions Kufuor
Accra, July 23, Ghanadot/GNA - Members of the Indigenous
Pharmaceutical Business Association have petitioned
President John Agyekum Kufuor to intervene in curbing the
systematic takeover of Ghana’s domestic pharmaceutical
distribution network by foreign companies.
They complained about the massive invasion in recent times
by foreign entities of the pharmaceutical industry and the
gradual take-over of the sector.
The Association noted that if nothing was done immediately
to deal with the situation, “it will not be long before the
indigenous pharmaceutical business goes under”.
Mr Andrew Awuni, Press Secretary to the President, in a
signed press release, said the petition was presented to
President Kufuor at the Castle, Osu on Tuesday.
The Acting President of the Association, Mr Ernest Bediako
Sampong, was reported by the release as calling on the
government to consider initiating legislation to limit
direct marketing and distribution of pharmaceuticals to only
Ghanaians.
President Kufuor in response assured the association that
the petition would be referred to the appropriate
institutions for review and recommendations.
The Government, he said, would do everything to protect
indigenous Ghanaian businesses as it continued to provide
investor-friendly environment for the participation of
genuine foreign investors.
GNA
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