U.S. & Burkina Faso
2008 Commercial Service
Chapter 4 - Leading Sectors for U.S. Export and Investment
Chapter 4-3 Generic Pharmaceuticals
There is a market for competitively priced generic pharmaceuticals in Burkina Faso. France traditionally supplied the nation with brand-name pharmaceuticals, but Burkina Faso has also started to substitute imported drugs along with local and traditional medicines. Pharmacies are allowed to substitute brand-name goods with generic products, as long as the product is cheaper and of comparable quality.
Overview
| 2004 | 2005 |
Total Market Size | na | na |
Total Local Production | 0 | 0 |
Total Exports | 0 | 0 |
Total Imports | $64,485,748 | $65,017,374 |
Imports from the U.S. | $745,065 | $1,746,671 |
(Information provided by the Burkina Faso Customs Office)
U.S. firms hoping to enter this market should satisfy the following conditions: registration of their products in the official nomenclature, inclusion of French-labels/packaging, and maintenance or development of local sales channels
Best Prospects/Services
CAMEG is the country’s major supplier of affordable generic drugs and other health commodities to publicly owned health facilities and non-profit private agencies.
Opportunities
Recent declines in the value of the dollar have made American pharmaceutical products even more affordable than before.
Resources
CAMEG: http://www.cameg.com/