MPs laud import substitution policies for boosting local pharma industry

“The Government has come up with policies to try and support local manufacturing. One of the policies was the 12% verification fees on imported medicines within a classified range of about 37 products as a mechanism to encourage more manufacturing to come into place.”

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With Dei BioPharma's entry, the country stands to benefit from the thousands of jobs they are expected to create. (File photo)
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#Members of Parliament #Pharma industry #National Drug Authority #Dei BioPharma

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Lawmakers on the health committee have commended the Government's import substitution policies, stating that it has significantly boosted the growth of the local pharmaceutical industry.

Deputy committee

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