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PHARMACEUTICAL COMPANIES CUT PROFIT TO REDUCE DRUG PRICES – FIRM
The article discusses how pharmaceutical companies in Nigeria, including May & Baker Nigeria Plc, have been cutting their profits to help make drugs more affordable amid rising prices.
1. Key Points:
a. Efforts to Make Drugs...
NEIMETH REPORTS 144% PROFIT SURGE IN H1 2024
SUMMARY:
Neimeth International Pharmaceuticals Plc has reported a significant increase in its post-tax profit for the first half of 2024, reaching N198.2 million—a 144% rise from the previous year. This growth is attributed to improved production...
NEIMETH PHARMACEUTICALS FINANCIAL PROJECTIONS AND STRATEGIC PLANS
1. Profit Projection:
- Neimeth Pharmaceuticals Plc is projecting a profit of N211 million for the 2024 financial year.
2. Revenue and Growth Plans:
- The company aims to achieve N5 billion in revenue for 2024.
- There...
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