- The plant will be operational in 2024 and will produce 5.5 million intravenous solutions (IV) bags yearly for the plant's owner, Dozie and Dozie's Pharma Nig Ltd., a leading distributor of healthcare products in Nigeria and neighboring countries
- Grifols recently marked a milestone in Africa through a key strategic partnership with the government of Egypt to develop plasma-derived medicines and enhance the region's self-sufficiency in these treatments
BARCELONA, Spain -- Grifols (MCE: GRF, MCE: GRF.P NASDAQ: GRFS), a leading global producer of plasma-derived medicines and provider of technologies and services for hospitals, clinics and compounding centers, today announced it will establish an intravenous (IV) solutions production plant in Nigeria for Dozie and Dozie's Pharma Nig Ltd., a leading provider of healthcare products in the country and surrounding region.
When completed in 2024 in southeast Nigeria, the manufacturing installation's initial phase will produce as many as 5.5 million intravenous solutions bags yearly to be used in hospitals and other healthcare institutions in Nigeria and other African countries.
Grifols Engineering, with broad global experience building advanced, specialized production facilities for the healthcare and biotechnology sectors, will design the plant and provide clean rooms and process equipment. Sufficient capacity will be incorporated to enable the doubling of output to meet the expected growth in demand.
"Grifols is extremely pleased to be selected by Dozie and Dozie's Pharma for a state-of-the-art IV solutions manufacturing plant to enhance healthcare delivery in Nigeria and Western Africa," said Daniel Fleta, Grifols Chief Industrial Officer.
"This plant is the latest demonstration of our ongoing commitment to provide high-quality medicines and healthcare solutions to meet the growing needs of the region," stated Chidi Dozie, CEO of Dozie and Dozie's Pharma Nig Ltd., which currently distributes Grifols plasma-derived therapies.
Grifols strengthened its presence in Africa when in November 2020 it entered into a key strategic alliance with the government of Egypt to develop the local market for plasma-derived therapies, including the opening of 20 plasma centers and the construction of a plasma fractionation plant and a purification and fill-and-finish plant. Africa will benefit from this advanced infrastructure aimed at strengthening regional self-sufficiency in hemoderivatives.
The company has also designed and established a plasma collection center and modular laboratories in Liberia as part of efforts to combat Ebola, and is completing an IV solutions plant it designed and equipped in Morocco.
About Grifols
Grifols is a global healthcare company founded in Barcelona in 1909 committed to improving the health and well-being of people around the world. Its four divisions – Bioscience, Diagnostic, Hospital and Bio Supplies – develop, produce and market innovative solutions and services that are sold in more than 100 countries.
Pioneers in the plasma industry, Grifols operates a growing network of donation centers worldwide. It transforms collected plasma into essential medicines to treat chronic, rare and, at times, life-threatening conditions. As a recognized leader in transfusion medicine, Grifols also offers a comprehensive portfolio of solutions designed to enhance safety from donation to transfusion. In addition, the company supplies tools, information and services that enable hospitals, pharmacies and healthcare professionals to efficiently deliver expert medical care.
Grifols, with nearly 24,000 employees in more than 30 countries and regions, is committed to a sustainable business model that sets the standard for continuous innovation, quality, safety and ethical leadership.
In 2020, Grifols' economic impact in its core countries of operation was EUR 7.5 billion. The company also generated 140,000 jobs, including indirect and induced.
The company's class A shares are listed on the Spanish Stock Exchange, where they are part of the Ibex-35 (MCE:GRF). Grifols non-voting class B shares are listed on the Mercado Continuo (MCE:GRF.P) and on the U.S. NASDAQ through ADRs (NASDAQ:GRFS).
For more information, please visit www.grifols.com
About Dozie and Dozie's Pharma Nig Ltd.
With headquarters in Abuja, Nigeria, Dozie and Dozie's Pharm Nig. Ltd is an award-winning company established in 1990. It was formed with a clear mission of making research-driven specialty medicines available to clients in Nigeria and other parts of Africa. Its focus has been on the importation of medicines in various areas including oncology and immunology, among others. Due to the huge success of this business, the company is progressing towards total exclusivity for these specialised drugs in almost all the tertiary hospitals, corporate hospitals, and the top private clinics and government institutions and agencies. For more information, please visit www.dozieanddoziespharm.com.ng
© Press Release 2021
Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.
The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.
To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.
