Friday, November 22African Digital Business Magazine

Tag: pharmaceutical industry

Medicine, South Africa News

Cleaning up SA’s pharmaceutical industry

The global cleanroom technology market size is expected to reach USD 5.0 billion by 2028 and is expected to expand at a rate of 5.4% over the forecast period. Key factors driving market growth is growing compliance with stringent regulatory standards for new product approvals and increased awareness about contamination-free products.[i] Despite the Covid-19 pandemic disrupting the supply chain of consumables required in cleanrooms such as gloves, wipes and other cleaning products as a supplier of essential products the pharmaceutical industry has been able to withstand the economic downturn over the past decade. “South Africa is a major manufacturing and export hub for the pharmaceutical industry and is subject to not only local legislative oversight but also to those of the countries ...