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Nigerian Patients Feel Pain of Soaring Drug Prices

Nigerian Patients Feel Pain of Soaring Drug Prices
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Nigerian patients feel pain of soaring drug prices

When Sodiq Ajibade emerged from a Lagos pharmacy holding asthma medication, one drug on his prescription was missing because he did not have the money to buy it..
-December 14, 2023 at 02:04 am EST
- MarketScreener ....

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Rising prices of medicine forces Nigerians to cut dosages, others turn to traditional remedies

Rising prices of medicine forces Nigerians to cut dosages, others turn to traditional remedies
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High Cost Of Drugs Forces Nigerian Patients To Cut Doses With Augmentin Selling For N25,000 From N4,500 In July

The price of some medicines in Nigeria has risen almost tenfold in the past ten months, forcing patients to cut doses or turn to traditional alternatives. According to Reuters, pharmaceutical industry officials said the plunge in the value of the naira after the removal of currency controls in June has sent prices of new stocks rocketing. The departure of British drug maker GlaxoSmithKline after increased local competition and from imports from India and China also added to the woes. ....

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