Rishi Vadodaria of Rene Industries Shares His Assessment of the Pharmaceutical Sector in Uganda

Rishi Vadodaria, Managing Director of Rene Industries Limited, shares his assessment of the pharmaceutical sector in Uganda.

“Uganda has evolved over the last 20 years in the manufacturing of pharmaceutical products. In the past, we had 2 to 3 manufacturers. Currently, we have 7 to 8 manufacturers doing various dosage forms. This change is due to government interventions which have boosted investments in the pharmaceutical sector. The market in Uganda is estimated at 270 million dollars. Out of that, 80% is imported and 20% is the local manufacturing market share. Due to the recent “Buy Uganda, Build Uganda” or “BUBU” initiative instituted by the government, 37 products were listed whereby the local manufacturers have capacity to manufacture. They levied the 12% verification fee by the National Drug Authority. The government procuring bodies supported the local industries by first giving us an opportunity to supply to government hospitals and health centers”, says Rishi Vadodaria.

Image Credit: Kratom IQ

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