The second is approving new medicines. Challenges Facing the South African Pharmaceutical Industry I am a firm and unapologetic believer that the partnership of NGOs, national and international health governance with the pharmaceutical industry, rather than its exclusion, is vital to the effective treatment of disease globally. Here are the top 4 challenges the transport and logistics industry face in South Africa: Fluctuating fuel costs. ( Log Out /  In recent years, South Africa’s pharmaceutical industry has increasingly shifted its focus to become more patient-centric in everything that it does. Change ), You are commenting using your Twitter account. SERIES: Part 4 – Consequences of Rising Incidence of Obesity in the United Kingdom, Learning from Macron : Why simplified and antiquated assumptions about the world are a direct threat to public health, SERIES: Part 3 – Even more causes of rising obesity incidence in the United Kingdom, The Basics: A beginners guide to acronyms and jargon, SERIES: Part 2 – Causes of Rising Incidence of Obesity in the United Kingdom, Today’s Agenda: World Health Assembly General Elections, Challenges Facing the South African Pharmaceutical Industry, Follow Global Health Writer on WordPress.com. ... “Our health systems are not adequate enough to address some of the challenges that the continent is facing. The result, an Africa that exports refined petroleum instead of crude petroleum and high quality packaged medication instead of oily seeds and tea. So South Africa is reaping benefits of growing pig production market even if there are challenges. Pharma executives report that countries with similar disease profiles and levels of pharmaceutical spending can differ widely in their consumption of the same drug. Set up in 2014, it oversees the promotion and marketing of medicines and provides ethical guidelines. The PMPA business plan underscores the urgency in addressing the challenges facing the industry. The result of this is excellent ARV coverage, bearing in mind that this is a lifelong treatment, and HIV positive individuals today live as long as the general population. The legal profession, like all other professions, faces a particular set of challenges. But Tuberculosis is a real and verifiable risk and diabetes and COPD are equally so. In particular, South Africa’s construction and engineering sector is in a bad cycle, with an index trading at 69% lower than in 2009 . Industry Insights: South Africa Healthcare Market Overview South Africa currently runs a two-tiered healthcare system, comprising of the public and the smaller, rapidly -growing private sector. Change ), You are commenting using your Facebook account. Challenges facing South Africa’s banking sector. As for those that have fallen through the ‘gaps in the market’, so to speak (see: Antimicrobial resistance; Alzheimer’s, Malaria), I will write on this in future. As some of you may already know I am a firm and unapologetic believer that the partnership of NGOs, national and international health governance with the pharmaceutical industry, rather than its exclusion, is vital to the effective treatment of disease globally. We work with governments, world-class academics and industry specialists, and we share ideas and expertise with partners inside and beyond the energy sector to drive innovation forward. “The complexities and challenges facing Africa’s oil & gas industry have become daunting. That growth is continuing at a rapid pace: we predict the market will be worth $40 billion to $65 billion by 2020 (exhibit). Not because management has been poor; but because unlike in many smaller African economies, a sizable proportion of HIV positive patients diagnosed in the mid 2000s survived. Despite South Africa’s remarkable progress and admirable potential in the banking sector, it is still plagued with setbacks which limit its full progress. Opportunity: HIV co-infections present a potential area for growth. There are two main factors that determine the fuel price in South Africa – the price of oil, and the value of the Rand compared to the U.S. Dollar. The first is regulating the pharmaceutical marketplace. A brainstorming approach in a structured-modified nominal group process (NGP) exercise was used. Multinational drug companies are constantly in litigation against the SA government; particularly after the introduction of the 1997 Medicines and Related Substances act. It’s also facing competition from both internal and external forces. Another important infrastructure that has challenged the economic development of Africa is a good transportation network to facilitate movement of people and goods within Africa. Change ), SERIES: Rising incidence of obesity in the United Kingdom – Introduction, Challenges Facing the South African Pharmaceutical Industry, My first internship at the World Health Organisation – A formative experience and an education in the value of community-based​ medicine, Human Rights Council – 40th Regular Session, Life Cycle Management: An ‘Insider’s’ guide on how to make your drug last FOREVER $$$, Antimicrobial Resistance Series : Intro to AMR. “The skills shortage and the cost of specialised skills also affect the entire pharmaceutical industry supply chain as companies are required to have a … The pharmaceutical industry: A sector facing many challenges in Africa . A brainstorming approach in a structured-modified nominal group process (NGP) exercise was used. Mantashe said the immediate challenge for all South Africans was the need to grow the economy in order to be on par with other developing countries who are managing to grow their economies at desirable … Besides South Africa, the most industrialised African country, and barely a few others, large-scale industrial manufacturing is practically nonexistent. The drug supply chain from manufacturer to point of dispensing to patient can be rather confusing. I believe the industries of biotechnology and pharma are an invaluable resource; and that the market failures we encounter at scale are primarily a function of the market forces that govern every industry in our world today. Whilst South Africa is not the recipient of any foreign aid; a number of its geographical neighbors are. 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