IFC - International Finance Corporation’s Post

When we talk about health security, we often focus on hospitals and doctors. But access to medicine starts much earlier — in manufacturing plants, distribution networks, and the companies willing to invest in getting high-demand drugs to people in a timely way. Grupo Neolpharma, an IFC investee based in Mexico, is doing exactly that. With 3,300 employees and medicines exported to 12 countries, they’re proving that a locally-grown pharmaceutical company can serve millions across Latin America — at prices 65% lower than the cost of patented products. “The absence of local manufacturing shouldn’t be a reason why you get stuck with old technologies as others advance.” — Santiago Cornejo, PAHO. Read how IFC is helping to build a stronger pharmaceutical ecosystem across Latin America and the Caribbean ➡️ http://wrld.bg/sVYP50YLePf