African Global, Catholic Diocese of Sunyani Sign Distribution Agreement
Emerging World Pharma had earlier provided an investment into African Global Pharma and has an option to increase their investment and percentage of profits by up to 25 percent.
The partnership will also include the eventual opening of a research facility to be determined and approved by the board at the university of the Diocese. The focus will be on the research and development for new medicines and for the training of students in this pharmacological field.
The Diocese of Sunyani will be the sole distributor for all the drugs manufactured by African Global Pharma Ghana. This strategic partnership will allow priority access to Catholic mission hospitals in Ghana, West Africa and the rest of the African continent.
Brandon Keks, president of Emerging World Pharma, said: “I am told that the production facilities are right on schedule and that equipment will be set up and test runs will begin in the next few weeks.”
Will this agreement benefit both the companies?
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