Remedial health: Pharmacy-centred network powered by tech to shape 2025

In a world where access to healthcare is a crucial issue, the emergence of pharmacy-centered healthcare networks powered by technology is set to revolutionize the health sector in Africa by 2025. Samuel Okwuada, the CEO and Co-founder of Remedial Health, sheds light on the economic and public health benefits of enhancing pharmaceutical access. Okwuada expresses concerns about the current state of pharmaceuticals in Nigeria and across the continent, with a significant percentage of products being imported. This reliance on imports leaves African countries vulnerable to supply chain disruptions and volatile currency rates, resulting in skyrocketing medicine prices that put essential treatments out of reach for many. Despite efforts like the 2025 budget allocating a record $2.4 trillion to health, challenges such as prolonged power outages in medical facilities remain prevalent, highlighting the need for further investment and policy changes. The implementation of executive orders like zero tariffs on pharmaceuticals shows progress towards local production and affordability. However, issues persist due to delays in enforcement and lack of coordination among regulatory bodies. Okwuada emphasizes the importance of leveraging technology to streamline supply chains, reduce costs, and combat the prevalence of counterfeit medicines. Remedial Health aims to expand its reach across Nigeria and enhance product distribution, with a focus on improving delivery times to remote areas. Their goal is to become the leading tech-enabled wholesaler in Nigeria, tackling the rampant issue of counterfeit drugs and ensuring a more reliable and efficient supply chain for essential medications.