{"id":76538,"date":"2023-01-25T11:18:05","date_gmt":"2023-01-25T11:18:05","guid":{"rendered":"https:\/\/www.africannewspaper.net\/2023\/01\/25\/technology-transfer-provides-benefits-for-african-pharmaceutical-industry\/"},"modified":"2023-01-25T11:18:27","modified_gmt":"2023-01-25T11:18:27","slug":"technology-transfer-provides-benefits-for-african-pharmaceutical-industry","status":"publish","type":"post","link":"https:\/\/www.africannewspaper.net\/2023\/01\/25\/technology-transfer-provides-benefits-for-african-pharmaceutical-industry\/","title":{"rendered":"Technology Transfer Provides Benefits for African Pharmaceutical Industry"},"content":{"rendered":"\n<div id=\"post-179221\">\n<span class=\"postcat\">Africa, COVID-19, Development &amp; Aid, Featured, Headlines, Health, Humanitarian Emergencies, TerraViva United Nations\t\t\t\t\t\t\t\t\t<\/p>\n<p><span style=\"color: #004579; font-size: 18px; margin-top: 20px; text-transform: uppercase; display: inline;\">Health<\/span>\t\t\t<\/p>\n<p><\/span> <\/p>\n<div class=\"featimg\" align=\"center\">\n<p class=\"wp-caption-text\">Rwanda will host the African Pharmaceutical Technology Foundation. It is part of the African Development Bank\u2019s commitment to spend at least USD 3 billion over the next ten years to support Africa&#8217;s pharmaceutical and vaccine manufacturing sector. During the forum in Kigali to introduce the African Pharmaceutical Technology Foundation, medical experts and pharmaceutical professionals pose together for a group shot. Credit: Aimable Twahirwa\/IPS<\/p>\n<\/div>\n<p><span class=\"meta_origin\">KIGALI (January 25 2023) (IPS). <\/span>Several months after BioNTech, a German biotechnology firm, announced the establishment of Rwanda&#8217;s first-ever local vaccine manufacturing plant in Rwanda. Experts believe countries will need to acquire the necessary know-how and support potential industrial partners in the pharmaceutical sector in order for such initiatives to be successful across the continent.<span id=\"more-179221\"><\/span><\/p>\n<p>Experts emphasise the need to prioritise technology transfer to revamp Africa\u2019s pharmaceutical industry with a key focus on vaccine manufacturing capacity and building quality healthcare infrastructure.<\/p>\n<p>This is because although pharmaceutical products are made in countries like South Africa, Kenya and Morocco, the most recent estimates by the <a rel=\"nofollow\" href=\"https:\/\/www.who.int\/\" onclick=\"javascript:_gaq.push(['_trackEvent','outbound-article','http:\/\/www.who.int']);\">World Health Organization (<\/a>WHO) shows that Africa imports more than 80 per cent of its medical and pharmaceutical consumables.<\/p>\n<p>Experts discussed the challenges and opportunities for improving the health prospects of Africa&#8217;s continent, which has been ravaged by several pandemics and diseases, including COVID-19. The continent also has very limited production capacity, making it difficult to produce medicines and vaccines.<\/p>\n<p>Participants in the forum, which was primarily focused on operationalizing the first-ever African Pharmaceutical Technology Foundation, discussed how the African Union could achieve its goal of having 60% of the vaccines needed on the continent by 2030.<\/p>\n<p>Although the continent imports more 70% of all the medicines it requires, consuming $14 Billion annually, Dr Yvan Yetera, Rwandan Minister in the Ministry of Health, stressed the need for additional financial resources to be available to African countries that most need them to procure vaccine.<\/p>\n<p>\u201cThe new initiative comes as a solution since most of [African] countries still face a challenge in receiving them on time,\u201d the senior Rwandan Government official told the forum.<\/p>\n<p>Experts argue that there is a pressing need to coordinate efforts to promote technology transfer as a result of current efforts to expand production of essential pharmaceutical items, including vaccines, in developing nations, especially Africa. Official estimates suggest that Africa imports more then 70% of all medicines it needs, and consumes $14 billion annually.<\/p>\n<p>Professor Padmashree Gehi Sampath is the Special Adviser to President on Pharmaceuticals and Health. <a rel=\"nofollow\" href=\"https:\/\/www.afdb.org\/en\" onclick=\"javascript:_gaq.push(['_trackEvent','outbound-article','http:\/\/www.afdb.org']);\">African Development Bank<\/a>Harvard University&#8217;s Director of Global Access in Action told delegates that technology transfer was critical and that the new initiative will assist African countries in assessing their technology needs.<\/p>\n<p>\u201cMost pharmaceutical companies in Africa are using different kinds of technology (\u2026) it is important to boost their capacity, which has been hampered by intellectual property rights protection and patents on technologies, know-how, manufacturing processes and trade secrets,\u201d the senior bank official told IPS.<\/p>\n<p>Yet Africa\u2019s public health challenges are well known; some experts believe that enhancing access to these technologies for pharmaceutical companies is critical to addressing numerous challenges facing the continent\u2019s pharmaceutical industry.<\/p>\n<p>Dr Hanan Bukhy, Deputy Director General of the World Health Organization (WHO), says that there are many challenges facing the continent before it can produce medicines.<\/p>\n<p>\u201cAfrica suffers from the repetitive occurrence of preventable diseases and epidemics, and the large part of medicines and vaccines to treat or prevent these diseases are imported from outside the continent,\u201d Balkhy told delegates.<\/p>\n<p>The bank approved the African Pharmaceutical Technology Foundation. Once fully established, it will be staffed and staffed with top-notch experts in the areas of pharmaceutical innovation and design, intellectual property rights, health policy, and healthcare policy.<\/p>\n<p>The foundation is also a transparent intermediary that promotes and brokers the interests African pharmaceutical companies with global and other Southern pharmaceutical companies to share IP protected technologies, know-how, and patented processes.<\/p>\n<p>Dr Precious Matsoso, co-chair of an international negotiating body of WHO on Pandemic Prevention, Preparedness, and Response, stressed that it is important to ensure that the African health system remains resilient.<\/p>\n<p>\u201cEstablishing the African Pharmaceutical Technology Foundation, by the bank, is a milestone to address these barriers we are facing, such as health equity,\u201d she said.<\/p>\n<p>The foundation will be established under the auspices African Development Bank. However it will operate independently and raise money from various stakeholders, such as governments and development finance institutions.<\/p>\n<p>Dr Richard Hatchett is the Chief Executive Officer of The <a rel=\"nofollow\" href=\"https:\/\/cepi.net\/\" onclick=\"javascript:_gaq.push(['_trackEvent','outbound-article','http:\/\/cepi.net']);\">Coalition of Epidemic Preparedness Initiative (CEPI)<\/a>According to delegates, he said that the foundation was established in a timely manner because Africa must learn from the pandemic. This can be an important step towards building resilience of its health system.<\/p>\n<p>\u201cThese health care innovative solutions will help in saving lives on the continent,\u201d he said.<\/p>\n<p>Rwanda has been selected as the African Pharmaceutical Technology Foundation&#8217;s host. The foundation will be a joint benefits entity and will have its own governance structures and operational structures. It will also broker alliances between African and African pharmaceutical companies.<\/p>\n<p>Experts also stressed the importance of prioritizing the African patent pharmaceutical industry in order to successfully implement the new initiative.<\/p>\n<p>Professor Carlos Correa, Executive Director, <a rel=\"nofollow\" href=\"https:\/\/www.southcentre.int\/\" onclick=\"javascript:_gaq.push(['_trackEvent','outbound-article','http:\/\/www.southcentre.int']);\">South Centre, Geneva<\/a>, said that it was crucial for the region have their own framework.<\/p>\n<p>\u201cManufacturing capacity [in Africa] is there, but technology capacity is crucial to develop vaccines for Africa (\u2026.) Timely transfer of technology is also important,\u201d he said.<\/p>\n<p>Several panellists stressed that African pharmaceutical companies must partner with counterparts from Europe and other continents during the forum.<\/p>\n<p>Brigit Pickel, Director-General for Africa in the<a rel=\"nofollow\" href=\"https:\/\/www.bmz.de\/en\" onclick=\"javascript:_gaq.push(['_trackEvent','outbound-article','http:\/\/www.bmz.de']);\"> Germany Federal Ministry for Economic Cooperation and Development<\/a>This partnership is vital for vaccine manufacturing. It also applies to the supply and production of other pharmaceutical products.<\/p>\n<p>\u201cWe recognise the importance of promoting local pharmaceutical products across the value chain in Africa,\u201d she said.<\/p>\n<p>Apart from technology transfer Professor Fredrick Abbott, Edward Ball Eminent scholar Professor, Florida State University, USA, stated that this initiative can&#8217;t work without sustainable funding.<\/p>\n<p>\u201cCountries need to develop domestic resources because providing funding is a critical step to ensure the continuity of promising clinical development programs of vaccines and drugs,\u201d Abbott told IPS.<\/p>\n<p>IPS UN Bureau Report<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0\t\t\t\t<\/p>\n<\/div>\n<p>Source: <a href=\"https:\/\/www.ipsnews.net\/2023\/01\/new-business-technology-transfer-provides-benefits-for-african-pharmaceutical-industry\/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=new-business-technology-transfer-provides-benefits-for-african-pharmaceutical-industry\">ipsnews<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa, COVID-19, Development &amp; Aid, Featured, Headlines, Health, Humanitarian Emergencies, TerraViva United Nations Health Rwanda will host the African Pharmaceutical Technology Foundation. It is part of the African Development Bank\u2019s commitment to spend at least USD 3 billion over the next ten years to support Africa&#8217;s pharmaceutical and vaccine manufacturing sector. During the forum in [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":76540,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v17.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Technology Transfer Provides Benefits for African Pharmaceutical Industry - African News Paper<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africannewspaper.net\/2023\/01\/25\/technology-transfer-provides-benefits-for-african-pharmaceutical-industry\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Technology Transfer Provides Benefits for African Pharmaceutical Industry - African News Paper\" \/>\n<meta property=\"og:description\" content=\"Africa, COVID-19, Development &amp; Aid, Featured, Headlines, Health, Humanitarian Emergencies, TerraViva United Nations Health Rwanda will host the African Pharmaceutical Technology Foundation. 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During the forum in [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africannewspaper.net\/2023\/01\/25\/technology-transfer-provides-benefits-for-african-pharmaceutical-industry\/\" \/>\n<meta property=\"og:site_name\" content=\"African News Paper\" \/>\n<meta property=\"article:published_time\" content=\"2023-01-25T11:18:05+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-01-25T11:18:27+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/africannewspaper.net\/wp-content\/uploads\/2023\/01\/APTF_Group_Photo_Rwanda_1.png\" \/>\n\t<meta property=\"og:image:width\" content=\"630\" \/>\n\t<meta property=\"og:image:height\" content=\"354\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.africannewspaper.net\/#website\",\"url\":\"https:\/\/www.africannewspaper.net\/\",\"name\":\"African News Paper\",\"description\":\"We bring Africa Closer To you\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.africannewspaper.net\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/www.africannewspaper.net\/2023\/01\/25\/technology-transfer-provides-benefits-for-african-pharmaceutical-industry\/#primaryimage\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/africannewspaper.net\/wp-content\/uploads\/2023\/01\/APTF_Group_Photo_Rwanda_1.png\",\"contentUrl\":\"https:\/\/africannewspaper.net\/wp-content\/uploads\/2023\/01\/APTF_Group_Photo_Rwanda_1.png\",\"width\":630,\"height\":354},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africannewspaper.net\/2023\/01\/25\/technology-transfer-provides-benefits-for-african-pharmaceutical-industry\/#webpage\",\"url\":\"https:\/\/www.africannewspaper.net\/2023\/01\/25\/technology-transfer-provides-benefits-for-african-pharmaceutical-industry\/\",\"name\":\"Technology Transfer Provides Benefits for African Pharmaceutical Industry - African News Paper\",\"isPartOf\":{\"@id\":\"https:\/\/www.africannewspaper.net\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.africannewspaper.net\/2023\/01\/25\/technology-transfer-provides-benefits-for-african-pharmaceutical-industry\/#primaryimage\"},\"datePublished\":\"2023-01-25T11:18:05+00:00\",\"dateModified\":\"2023-01-25T11:18:27+00:00\",\"author\":{\"@id\":\"https:\/\/www.africannewspaper.net\/#\/schema\/person\/19893f3a11e0429bf3219300d406960a\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.africannewspaper.net\/2023\/01\/25\/technology-transfer-provides-benefits-for-african-pharmaceutical-industry\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.africannewspaper.net\/2023\/01\/25\/technology-transfer-provides-benefits-for-african-pharmaceutical-industry\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.africannewspaper.net\/2023\/01\/25\/technology-transfer-provides-benefits-for-african-pharmaceutical-industry\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.africannewspaper.net\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Technology Transfer Provides Benefits for African Pharmaceutical Industry\"}]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.africannewspaper.net\/#\/schema\/person\/19893f3a11e0429bf3219300d406960a\",\"name\":\"admin\",\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/www.africannewspaper.net\/#personlogo\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/e23d29bdcdae20b5bf12dca33252ec65?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/e23d29bdcdae20b5bf12dca33252ec65?s=96&d=mm&r=g\",\"caption\":\"admin\"},\"sameAs\":[\"https:\/\/africannewspaper.net\"],\"url\":\"https:\/\/www.africannewspaper.net\/author\/admin\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Technology Transfer Provides Benefits for African Pharmaceutical Industry - African News Paper","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.africannewspaper.net\/2023\/01\/25\/technology-transfer-provides-benefits-for-african-pharmaceutical-industry\/","og_locale":"en_US","og_type":"article","og_title":"Technology Transfer Provides Benefits for African Pharmaceutical Industry - African News Paper","og_description":"Africa, COVID-19, Development &amp; 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