Market News

Lancet Kenya, a diagnostic laboratory, plans to set up shop in Rwanda from October at a cost of Ksh200 million ($2.3 million) as it looks to cement its regional business. The money will be spent on equipping the Kigali lab and building three other facilities, including one in Butare. "Our intent . . .

Siaya Governor Cornel Rasanga yesterday said they will sign an MoU with the University of Tennessee, which is one of the world's leading institutions in medical, healthcare training and medical research. "The institution will facilitate the upgrading of the facility to a world class healthcare . . .

Rwanda and Uganda have signed a bilateral agreement to open their markets for pharmaceutical products. In addition, the deal will boost the war against the cross-border trade in fake drugs. The deal will enhance exchange of information in pharmaceutical products with a framework to promote medic . . .

Kenya’s prescription pharmaceuticals market was worth $423.2 million last year, and is set to increase at a compound annual growth rate (CAGR) of 11.8% to 2019, say new forecasts. The market is heavily dependent on the private clientele, and affordability remains a primary restraint, togeth . . .

Foreign direct investments into the Kenyan health sector have tripled thanks to conducive policy and legislative environment alongside demand for quality services among the burgeoning middle classes, officials have said. Ann Kirima, Chairperson of Kenya Investment Corporation (Keinvest), said Kenya . . .