Today: February 9, 2016, 9:43 pm

New companiesandmarkets report published: Zambia Pharmaceuticals market
Zambia Pharmaceuticals and Healthcare Report Q1 2014 - a new market research report on 2014-03-18 03:27:02
Several events in recent months illustrate growing interest in the potential of Zambia´s healthcare and pharmaceuticals market. Barclays and GlaxoSmithKline announced that they will invest in the development of improved medicine supply chains, a pilot health insurance project and the creation of small health outlets; Novartis is collaborating in a campaign to reduce the impact of malaria in the country; and the government has also revealed progress made in the creation of a social health insurance plan for people in formal employment.

These are all positive first steps, as are other moves such as plans to construct around 650 health outposts across the country. Zambia´s healthcare market continues to create concerns, however. A lack of domestic manufacturing facilities means that the government has to turn to expensive imports, and there are also gaps in the supply chain, meaning counterfeit drugs can penetrate the market. The issue of public finances also creates concerns.

In its 2014 budget, the government has promised to commit 9.9% of funding to healthcare. As not-for-profit groups have pointed out, this falls short of the pledge to allocate 15% of total spending to healthcare made as part of the Abuja Declaration in Nigeria during 2011.

Headline Expenditure Projections

- Pharmaceuticals: ZMK1,001.9bn (US$197mn) in 2012 to ZMK1,121.4bn (US$207mn) in 2013; +11.9% in local currency terms and +6.3% in US dollar terms. Forecast broadly in line with Q413.

Click for report details: ..

Browse all Healthcare and Medical Market Research Reports ..

Browse all Healthcare and Medical Company Profile Reports ..

Browse all Latest Market Research Reports ..

About Us is a leading online business information aggregator with over 300,000 market reports and company profiles available to our clients. Our extensive range of reports are sourced from the leading publishers of business information and provide clients with the widest range of information available. In terms of company profiles,’s online database allows clients access to market and corporate information to over 100,000 different companies. We provide clients with a fully indexed database of information where clients can find specific market reports on their niche industry sectors of interest.

Press Information

Published by
Mike King
London: +44 (0) 203 086 8600

# 435 Words
Related Articles
More From Finance Announces New Trader Counsel Services
LONDON - Jan. 25, 2016 - British financial news source has announced that it will now be offering the [..] Offers Free Advice For Getting Completely [..]
Everyone has some degree of debt to deal with. Some folks have a lot of it, and they need to [..]
Offshore Processing slashes credit card processing costs [..]
High risk and high volume merchants engaged in unconventional trades, such as Adult Content, Adult Goods, Online Casinos, Online [..]
Real-Estate-Yogi Offers Free Advice to Returning Veterans [..]
Veterans of the United States are returning from active duty and need places to live. It is up to lenders [..]
The Experts at Explain How to [..]
Foreclosures have gone through a decrease over the past decade, but that doesn’t mean they don’t still happen. People who [..]

Disclaimer: If you have any questions regarding information in this press release please contact the company added in the press release. Please do not contact pr-inside. We will not be able to assist you. PR-inside disclaims the content included in this release.