In a move that promises to transform healthcare delivery in Nigeria, Sygen Pharmaceuticals, a leading pharmaceutical company in Lagos, has partnered with ORx Pharmaceuticals Corporation, a renowned Canadian pharmaceutical firm, to establish Sygen-ORx Biosciences Limited.
This joint venture aims to bring about innovation and address critical medical challenges in the Nigerian healthcare sector. The partnership was unveiled by the chief executive officers of both companies, who expressed their excitement and commitment to the venture.
Dr. Alexander MacGregor, the CEO of ORx Pharmaceuticals, stated that the partnership "will build upon the foundation of excellence established by ORx and Sygen, ushering in a new era of healthcare innovation." He emphasized the shared commitment to scientific excellence and integrity, which will position Sygen-ORx Biosciences to make a significant impact on the healthcare landscape and shape the future of medicine.
Charles Ogunwuyi, the CEO of Sygen Pharmaceutical, echoed the sentiments, stating that the collaboration is at the heart of Sygen's mission. He expressed excitement about the transformative journey with ORx Pharmaceuticals, as together they have the opportunity to amplify their impact and drive innovation in healthcare, ultimately improving the lives of patients in Africa and beyond.
The joint venture company, Sygen-ORx Biosciences, is focused on revolutionizing healthcare and addressing pharmaceutical drug security challenges through collaborative innovation. ORx Pharmaceuticals, an affiliate of the Toronto Institute of Pharmaceutical Technology, brings a wealth of expertise and patented technologies in drug development and commercialization, while Sygen Pharmaceuticals complements this with its innovative approach to healthcare solutions and dedication to scientific rigor.
The partnership aims to accelerate the development and commercialization of cutting-edge therapies, addressing unmet medical needs and improving healthcare access for patients worldwide. The joint venture will focus on the development of improved formulations of generic pharmaceuticals, advancing innovative drug discovery programs, and reducing costs while increasing access to high-quality branded generic medicines in Africa.
This strategic alliance between Sygen Pharmaceuticals and ORx Pharmaceuticals Corporation represents a significant step forward in Nigeria's healthcare landscape, promising to revolutionize the delivery of medical services and improve patient outcomes. As the Sygen-ORx Biosciences partnership unfolds, it is poised to shape the future of healthcare in Nigeria and beyond.
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