Pharmaceutical company Pfizer says with South Africa’s excellent research and development environment, it was an ideal country to invest in its health system.
Pfizer’s Middle East and Africa team was in the country attending the fourth South African Investment Conference in Sandton.
It has pledged to invest R255 million into the health sector.
Since the start of the pandemic the pharmaceutical company has done more than 22 clinical trials in South Africa in over 90 sites.
Pfizer regional president Patrick van Der Loo said its partnership with the Biovac Institute is also one of the key drivers behind the investment :
“There’s R255 million that really is going towards investments this year to staff up the biovac institute and the government has been nothing but supportive in order to make sure that we can actually execute on on this investment and start manufacturing our COVID-19 vaccine in South Africa for the African people.’’
-EWN
In other news – Makhadzi’s confession leaves Mzansi speechless
South African musician Makhadzi has tearfully confessed that Botswana loves her more than her own country of birth.
Makhadzi revealed this startling detail after she was honoured in Botswana by the country’s leadership as well as royals of the Batlokwa tribe. She was given the full presidential treatment ahead of her One Woman Show billed for Tlokweng, Botswana, this weekend. Learn More
