In fulfilment of its earlier promise, the management of Phamatex Group, sole distributor of Hovid products in Nigeria, has taken its distributors around its new multi-billion naira, ultra-modern pharmaceutical factory.
The facility tour took place shortly after the company’s 2019 Customers’ Reward Function at Golden Tulip Hotel on 1 February, 2019.
In attendance were Ozo James Eze, chairman of the occasion; Prince Christopher Nebe, chairman, Phamatex Group; Pharm. Friday George, marketing director, Phamatex Nigeria Limited; Chief Joseph Ebowusim, executive director of Phamatex Group; Pharm Augustine Otu, head of sales & marketing, Phamatex Industries; Pharm. Ezekiel Ibidapo, plant manager and over 50 distributors of Hovid products.
In his opening remarks, Nebe expressed appreciation to all the participants and urged them to continue to support Phamatex products in whatever way they could.
“We are like a baby still growing and need all the support we can get. With the structure you have seen on ground today, you will agree with me that it is a multibillion naira factory aimed at the future,” he said.
The chairman recalled the “dark days” of 2016 when, for many months, the company ran out of stock because sourcing for forex at the new selling rate had become somewhat nightmarish.
This, he said, was complicated by the fact that Phamatex was unwilling to join its competitors to immediately increase the price of its products.
“When we eventually did, you stood by us as you still do today. On our part, we are deliberately recruiting and stationing pharmacists in hospitals and other platforms to generate demand for Hovid products from your shelves.
“Our sales reps have also been equipped and mandated, subject to your approval, to help lift your stock and redistribute to areas that are logistically challenging to you. This, we hope, will enhance your turnover and indeed your profits,” he reassured.
Phamatex Group, one of the leading pharmaceutical giants in the country, was founded by Prince Christopher Nebe (chairman) and Chief Joseph Ebowusim, (executive director), two industrious entrepreneurs whose dreams to build a haven where quality pharmaceuticals would continually be produced became synergistically realised.
Since inception, these entrepreneurs have recorded overwhelming and outstanding success in the pharma industry for over 20 years in Nigeria. The company was incorporated on July 29, 2010. It became a child of necessity as a result of NAFDAC regulations to stop importation of certain generics and Over-The-Counter (OTC) medicines.
Located in the heart of Amuwo Odofin area of Lagos, Phamatex’s new state-of-the-art factory, which has undergone a WHO pre-qualification exercise by a WHO American consultant since 2015, is a beauty to behold.