The Federal Government plans to establish 435 clinical research centres across the country by 2028 and target generating $3.8bn in revenue from clinical trial activities.
The National Coordinator of the Presidential Unlocking Healthcare Value Chain Initiative, Abdu Muktar, made this disclosure during a panel session titled, “Is the Market Ready for Increased Local Manufacturing of Medicines?” at the Nigeria Economic Summit.
A clinical trial is a medical study in humans conducted to determine the efficacy and safety of a drug or medical device.
Muktar stated that the establishment of these centres would require an investment of approximately $770m, adding that the government was already identifying the locations to site the centres.
He said discussions were ongoing with Contract Research Organisations to ensure demand for the centres once established.
“We’ve done a business case; we just concluded with an organisation called Purpose Africa. We are projecting to establish 435 clinical trial centres in Nigeria. It’s going to cost about $770m to get it done by 2028.”
