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New Drug Prices In Nigeria - Health (4) - Nairaland

Nairaland ForumNairaland GeneralHealthNew Drug Prices In Nigeria (50471 Views)

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Re: New Drug Prices In Nigeria by maasoap(m): 7:58pm On Nov 17, 2023
Lance008:
Dey play
I'm not playing, just reminding us that all of us are contributing to the deterioration of Nigeria in our own capacity as well, not just only our leaders doing that
Re: New Drug Prices In Nigeria by COMPAQ(m): 7:59pm On Nov 17, 2023
plaindealer:
Do you mean if they stay, they won't raise prices because they get materials at lower prices than the rest of the pharmaceutical companies that are raising prices all over the world because of the increase in the cost of raw materials?

Why is it always hard for you people to apply common sense.?
It very likely would. By manufacturing in Nigeria t least they had Nigerian salaries that were not impacted by devaluation. Now that they just import the drugs, we pay the impact of Probably USD salaries and overheads impacting the cost of the drugs, converted at a high exchange rate.
Re: New Drug Prices In Nigeria by casualobserver: 8:00pm On Nov 17, 2023
igwebuike01:
Very good. Igbo pharmaceutical companies will take over production of those drugs
Exactly. I said this in a previous post. Once a company develops a drug it has a patent where only it can make that drug. These parents usually palsy 10 yrs and once the patent expires anyone can make the same drugs. All these drugs are out of patent and have cheaper generic alternatives….that’s the real reason they’ve exited Nigeria…they can’t compete with the generics and they don’t want to lower their prices in Nigeria because people will start sourcing these products in Nigeria. I will post a graphic I stumbled across this morning below to highlight the cost of insulin in different countries. Another good example is paracetamol. Every Dick and Harry pharmaceutical company in Nigeria produces paracetamol for a fraction of the cost of panadol. Only the well heeled in a country like Nigeria buy panadol which is simply a brand name for paracetamol. That’s why these companies are leaving.

Dont let these doommongers deceive you. Nigeria has problemst no doubt but that’s not the reason these pharmaceutical companies are leaving. The reason is Nigerian pharmaceutical companies like fidson, mopson are producing the same drugs for a lot less and there are cheap imports from India.

Re: New Drug Prices In Nigeria by sinero: 8:01pm On Nov 17, 2023
Gilgil:
Where is your proof that prices increased in other countries?

Show us the receipts of before and after from those other countries.
So it means everything being said and written about increase in cost of living abroad doesn't mean anything to you just because you hate Nigeria and tinubu. Na wa o, be waiting for receipt of before and after na.
Re: New Drug Prices In Nigeria by Menclothing: 8:04pm On Nov 17, 2023
Most people here are ignorant all over the world drug prices increase by 200 percent above
Re: New Drug Prices In Nigeria by Lance008(m): 8:04pm On Nov 17, 2023
maasoap:
I'm not playing, just reminding us that all of us are contributing to the deterioration of Nigeria in our own capacity as well, not just only our leaders doing that
The leaders started it
Blame none
Bro to survive hard pass to die now
Re: New Drug Prices In Nigeria by Antidoteee: 8:05pm On Nov 17, 2023
[quote author=plaindealer post=127018438]Liar, who prescribed 2 different antibiotics to take at the same time?

Just say Nigeria is finished and stop lying with the rest of your rubbish..

[Don't dabble into what u don'thave full knowledge of. I am a doctor and it's not out of place do prescribe more than one antibiotics at the same so stop making a mockery of ur lineage]
Re: New Drug Prices In Nigeria by nedekid: 8:05pm On Nov 17, 2023
aderadio1:
We will replace them with herbs. It's only ibo people that go to pharmacy shop. We have trado and it's working well.

All those portfolio investors should leave so that we will develop ours like the Chinese medicine.

Jagaban carry go.
Lolz, funny guy.
Have you ever visited a Nephrologist? Pray you don't have cause to do so. I have.
One of the worst things you can ever experience is having to start visiting one. One is doomed if you don't have money. Just to consult is 50k, otherwise you go and queue with the general masses of consultation days at lasuth. Spend the whole day and probably not see the consultant as 100s of patients will be there very early before you. 100s!
The first question they ask you is if you use Agbo, ie harbs.
If only you know the damage those powerful trado harbs have caused, you wount be suggesting this.
Re: New Drug Prices In Nigeria by Chetas81(m): 8:06pm On Nov 17, 2023
IF TINUBU IS NOT YORUBA MAN, YORUBA PEOPLE WOULD HAVE TURN DOG 🐕 TO TEAR HIM APART
Re: New Drug Prices In Nigeria by GiZcorp: 8:10pm On Nov 17, 2023
plaindealer:
Drug prices increased above the inflation rate all over the world, but you don't think it should be increased in Nigeria.

Do you people really think Nigeria is above or immune to global inflation and price increases?

I bet you want the government to subsidize that too,,

Jokers,,

You're a madafaka!
Re: New Drug Prices In Nigeria by Nobody: 8:10pm On Nov 17, 2023
Zonefree:
Three days ago, i bought Augmentin 625mg at N18,000

Vitamin C 1000mg at N6500

Vitamin E at N8500.

Zithromax 250mg at N7500.

Nigeria don spoil finish!
Wetin you catch wey dey make you buy drugs up and down? grin grin
Re: New Drug Prices In Nigeria by Cmanforall: 8:11pm On Nov 17, 2023
IamAtikulate:
1. Seretide, N5000 to N70,000
2. Ampiclox, from N1000 to N13,000
3. Ventolin inhaler, N2800 to N8000
4. Augmentin 625mg, N4500 to N25,000

All are GlaxoSmithKline GSK Products.

Sanofi (the makers of Tavanic 500mg & influenza vaccines ) are also planning to leave Nigeria. WHO IS NEXT IN LINE?

Nigeria moved from one relic to another. Bad misfortune; from frying pan to fire.

Nigerians are yet to fully appreciate the implications of GlaxoSmithKline GSK exiting Nigeria. When I say this, I don’t mean no Agbado (they can’t afford it). I speak of those hardworking Nigerians whose incomes & livelihoods have diminished.

Credit: Nefertiti
Are there no alternatives to GSK products?
Re: New Drug Prices In Nigeria by Zonefree(m): 8:15pm On Nov 17, 2023
Persephone1:
Wetin you catch wey dey make you buy drugs up and down? grin grin
You don start, abi
Re: New Drug Prices In Nigeria by Duru009(m): 8:17pm On Nov 17, 2023
Nigeria is FINALLY here.....
Re: New Drug Prices In Nigeria by Swiftgrp:
casualobserver:
Exactly. I said this in a previous post. Once a company develops a drug it has a patent where only it can make that drug. These parents usually palsy 10 yrs and once the patent expires anyone can make the same drugs. All these drugs are out of patent and have cheaper generic alternatives….that’s the real reason they’ve exited Nigeria…they can’t compete with the generics and they don’t want to lower their prices in Nigeria because people will start sourcing these products in Nigeria. I will post a graphic I stumbled across this morning below to highlight the cost of insulin in different countries. Another good example is paracetamol. Every Dick and Harry pharmaceutical company in Nigeria produces paracetamol for a fraction of the cost of panadol. Only the well heeled in a country like Nigeria buy panadol which is simply a brand name for paracetamol. That’s why these companies are leaving.

Dont let these doommongers deceive you. Nigeria has problemst no doubt but that’s not the reason these pharmaceutical companies are leaving. The reason is Nigerian pharmaceutical companies like fidson, mopson are producing the same drugs for a lot less and there are cheap imports from India.
Is there a generic drug substitute for the now expensive Ventolin inhaler from any indigenous Nigerian pharmaceutical company?
Re: New Drug Prices In Nigeria by joba4luv: 8:17pm On Nov 17, 2023
plaindealer:
Drug prices increased above the inflation rate all over the world, but you don't think it should be increased in Nigeria.

Do you people really think Nigeria is above or immune to global inflation and price increases?

I bet you want the government to subsidize that too,,

Listen to a mad man/woman comments what are we saying what this lunatic is saying? I pray your family get sick so that you useless brain will understand what the people are complaining of set of unfortunate commemtators

Jokers,,
Re: New Drug Prices In Nigeria by Fizalis(m): 8:18pm On Nov 17, 2023
Story! Jesus will save you from typhoid n malaria? Inukwa!
stasius:
Jesus will save us.
Jesus is helping us.
Re: New Drug Prices In Nigeria by IamAtikulate(op): 8:18pm On Nov 17, 2023
phineas:
In summary gsk moved production to another country try cos production costs were high

They could have increased their sales cost by 100% but they chose the cowards way out ,let the importers increase their goods to x10 the former price,they don't care cos Nigerians will buy anyway

The trick is to understand how gsk appears to think,they know Nigerians will buy regardless of the price,so they export to us instead of adjusting sales cost

I think the country should quickly fund or mass import good alternatives and ban all gsk products in Nigeria,

Their sales from Nigeria is more than a lot of countries combined
Ban their products because they exited the market due to Tinubu's f00lishnesd?

BATstards are funny

😂😂😂
Re: New Drug Prices In Nigeria by Flier: 8:19pm On Nov 17, 2023
You don’t have to buy Uk drugs if you can not afford them, instead of argumenting buy Fleming
There is always a cheaper alternative and most times those alternatives are even more effective
Why would you buy argument 25,000 when Fleming is 3500and infact more effective
Re: New Drug Prices In Nigeria by WAPINATION: 8:20pm On Nov 17, 2023
plaindealer:
Do you mean if they stay, they won't raise prices because they get materials at lower prices than the rest of the pharmaceutical companies that are raising prices all over the world because of the increase in the cost of raw materials?

Why is it always hard for you people to apply common sense.?
Oga it is this kind of your common sense that make Nigerian politician behave the way they do. It is this kind of common sense our politicians used when they decided to take a loan, bought SUV’s for law makers whilst defending the move on bad roads in Nigeria. This was done at a time the country is facing serious hardship.

Your common sense did not inform you that the presence of those drug manufacturing companies operating here in Nigeria actually made the product cheaper as we used to buy than now they are no more. For sure even if they are still around prices would be increased though due to FX but not as now the products finally depends solely on importation and no importer will sell cheaper than he bought considering the free floating Naira common sense policy and high cost of clearing goods at the customs.

Oga if you continue with this your common sense without calling out the government to do better you will wake up one day to meet a country worse than somalia funny enough you would still be defending the government even at the worst state because you have a zombie kind of common sense.

I come in peace…I no deh support vawulence.
Re: New Drug Prices In Nigeria by ShoeGetSize: 8:21pm On Nov 17, 2023
After 8 years of your hopeless useless daura dullàrd followed by 8 years of the druggie presido,Nigerians will beg to eat food from dustbins.

SadiqBabaSani:
Not nice ooo, May God help those in sick beds. This is like a death sentence on those who need this meds for survival
Re: New Drug Prices In Nigeria by onyxo76(m): 8:22pm On Nov 17, 2023
plaindealer:
Where is the Augmentin in your picture?

What kind of sickness demands 2 different antibiotics?

Obviously, you lied.

Show us the receipt for 2 different antibiotics.
bros cool down, what if the zithromax is for the child of the patient ? an adult uses the 500mg not 250mg.
Re: New Drug Prices In Nigeria by ikeno(m): 8:24pm On Nov 17, 2023
I keep saying it, this is not the time for one to be falling sick. Got admitted last month and was given 2 pints of blood with some drips stayed in hospital for 4-5days had to cough out close to 400k.
Re: New Drug Prices In Nigeria by wallaze(m): 8:25pm On Nov 17, 2023
plaindealer:
Drug prices increased above the inflation rate all over the world, but you don't think it should be increased in Nigeria.

Do you people really think Nigeria is above or immune to global inflation and price increases?

I bet you want the government to subsidize that too,,

Jokers,,

Don't worry you go soon sick and you will justify all this nonsense you wrote
Re: New Drug Prices In Nigeria by IamAtikulate(op): 8:27pm On Nov 17, 2023
Menclothing:
Most people here are ignorant all over the world drug prices increase by 200 percent above
So we should clap for Tinubu?
Re: New Drug Prices In Nigeria by azpekuliar: 8:27pm On Nov 17, 2023
plaindealer:
Where is the Augmentin in your picture?

What kind of sickness demands 2 different antibiotics?

Obviously, you lied.

Show us the receipt for 2 different antibiotics.
The kain sickness wey man dey collect from woman grin
Re: New Drug Prices In Nigeria by Angelfrost(m): 8:29pm On Nov 17, 2023
I even learnt that the Ventolin inhaler being sold now is not the original one... An imitation yet still very expensive.

All the top companies have left Nigeria... Meaning, to get the original, one has to import, hence the high costs.

The prices will keep rising astronomically as the Naira keeps falling in value.


Watch your health, everyone... I can't say this enough.
Re: New Drug Prices In Nigeria by clems88(m): 8:30pm On Nov 17, 2023
I wanted to buy Augmetine which was prescribed by the doctor for my son because it wasn't in the clinic pharmacy, on getting to a pharmacy I was told Augmetine is 8k angry . I had to buy Flemming after consulting a nurse . Medicines are so cost now
Re: New Drug Prices In Nigeria by casualobserver: 8:31pm On Nov 17, 2023
Swiftgrp:
Is there a generic substitute for the now expensive Ventolin inhaler from any indigenous Nigerian pharmaceutical company?
There are substitute inhalers, GSK in not the only company that makes inhalers. I discussed this months ago on Nairaland when GSK announced their exit. Feel free to make use of the search function or google. No offense intended but I can’t be bothered to do the work again. There are alternatives. It is not a drug under patent.
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