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Published on 2024-07-15 08:31:57
The Pharmaceutical Manufacturers Group of the Manufacturers Association of Nigeria (PMG-MAN) has revealed the reason for the exit of several pharmaceutical multinationals from Nigeria.
At a news conference in Lagos, the group revealed that the challenges in the forex market have negatively impacted the local pharmaceutical industry, leading to the departure of companies like GlaxoSmithKline (GSK) and Sanofi Nigeria Ltd. in the past year.
Tribune Online reports that some multinational…
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