High Exchange Rate | What Pharmarun is Doing to Help

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While the year is still young, the first quarter has brought significant challenges, especially for the Nigerian pharmaceutical market. The most notable is the fluctuating exchange rate, which has risen from N1,100 to N1,500 per dollar. This has directly impacted the cost and availability of medications, with many imported medications becoming scarce and expensive.

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This situation has been further compounded by the departure of major international pharmaceutical companies, like GlaxoSmithKline plc (GSK). This has led to increased demand for popular medications like Ventolin, with prices surging from N4,000 to N20,000.

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However, we at Pharmarun understand the necessity of maintaining access to quality medications, especially when managing chronic illness.

Here's how we're working to help:

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1. Consolidated Inventory: We've created a network of licensed pharmacies, allowing us to consolidate their inventories. This means that even if your preferred medication is unavailable at your local pharmacy, we may be able to find it at another location within our network, potentially at a more reasonable price.

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2. Affordable Alternatives: We also offer a wide range of affordable generic brands as alternatives to expensive name-brand medications. For example, Aeroline is a readily available and affordable alternative to Ventolin.

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3. Streamlined Access: We understand that managing health concerns can be overwhelming. Pharmarun aims to simplify your experience by facilitating access to essential medications and offering alternative options, all while ensuring you receive genuine products from licensed pharmacies.

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Our team is dedicated to supporting your health needs during these challenging times. Don't hesitate to reach out if you have any questions or require assistance in finding the medications you depend on.

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