Fidson Healthcare Unveils Plans for a New Medicine Production Plant in Lekki FTZ

Saturday, 28 September 2024, 10:40

Fidson Healthcare's new medicine production plant in Lekki FTZ will cost $100 million. This plant aims to boost healthcare self-reliance in Nigeria, especially for HIV treatment. With over 16 new products launched since last year, Fidson addresses critical drug supply challenges.
Nairametrics
Fidson Healthcare Unveils Plans for a New Medicine Production Plant in Lekki FTZ

Fidson Healthcare Sets Ambitious Goals

Fidson Healthcare's proposed pharmaceutical production plant in the Lekki free trade zone area is expected to cost around $100 million, according to reports by Bloomberg. The plant is designed to promote self-reliance in health-care delivery, especially to tackle HIV in Nigeria.

Addressing HIV Challenges in Nigeria

According to the Joint United Nations Programme on HIV/AIDS, Nigeria has an estimated 2 million people living with the virus. Last year, the National Agency for the Control of AIDS reported that the country recorded about 1,400 new infections weekly, and around 1.2 million children are orphaned.

Fidson's Commitment to Healthcare Improvement

  • Fidson, which produced over-the-counter drugs for GSK, is stepping in to address the gap in the country’s drug supply chain.
  • The company has launched over 16 new products since June of last year.
  • Fidson's vision is to enhance well-being for patients through innovative drugs.

Conclusion: A New Era for Nigerian Healthcare

The company's statement emphasized that “by integrating our expertise and experience in the field of innovative drugs, we are confident in bringing greater well-being to patients.” The complementary strengths of all parties will inject new vitality into the health-care sector.


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