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The Association of Industrial Pharmacists of Nigeria (NAIP) is set to gather facts and figures on the pharmaceutical sector, to enhance knowledge and proper planning for its growth.
The group, being the technical arm of the Pharmaceutical Society of Nigeria (PSN), is introducing the paradigm shift from era of guess-estimates to real data to guide activities in the industry.
The new chairman of the association, Ignatius Anukwu, said at his inauguration in Lagos recently, that the new Executive Committee, among other things, was taking the issue of “reliable data” seriously.
Anukwu, who is the pharma manager at Swipha Nigeria Limited, said “data in pharmaceutical business is more or less like light; if you are in a room and there is no light you will grope in the dark.”
He added that without data, no one could estimate the size of the pharma market, whether it is $1billion, $100 billion or $2 billion, which makes it quite difficult for planning and investment.
