Invited webinar -Attracting foreign investment in the medicines... - by Dr. Avv. Roberto Isibor et al.

"ATTRACTING FOREIGN INVESTMENT IN THE MEDICINES SECTOR: THE AFRICAN CHALLENGE" presented by Dr. Avv. Roberto Isibor, Università Bocconi & Hogan Lovells; Avv. Caterina Coroneo, Hogan Lovells; Avv. Angelo Forte, Hogan Lovells;  Chaired by Piergiorgio Patrizii, UNIVAQ, DISCAB

Due to the continued growth of Africa’s population, the recent rising of middle-class demanding quality healthcare, and the increased need for specialized treatments and therapies, the demand for medicines has been growing exponentially across the Continent. Local African production of packaged medicines is currently incapable of meeting such an increase in demand. Indeed, only around 600 manufacturers of packaged medicines operate on the Continent, mainly in North Africa, focusing on formulation and packaging with – also – limited upstream R&D and a shortage of intermediates and active pharmaceutical ingredients. As the UN Industrial Development Organization and international industry operators project substantial growth in the worth of Africa’s pharmaceutical sector in the coming years, the…