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CHAPTER ONE

INTRODUCTION

1.1 Background of the Study

The pharmaceutical industry in Nigeria has witnessed tremendous growth in Nigeria both

technologically and human capacity. The advanced methods of analysis, new technologically

operated machines and standardized procedures have necessitated the need to have skilled

personnel to handle key jobs. In Nigeria, many pharmaceutical companies are driving at meeting

the required standards by using advanced equipment and skilled personnel to push their product

outside the shores of Nigeria. Nevertheless, that can be achieved only if the WHO standard is

met (Demsetz, 1996)

There are only but four pharmaceuticals companies that have met the WHO standard in Nigeria

out of over one hundred and twenty pharmaceuticals companies that have interest. The major

problem of those companies that have not been pre-qualified is the lack of engineering expertise

needed to execute the projects. For every manufacturing plant become a world class factory,

engineers will have to be in the forefront of driving the below tasks /jobs and more

According to Brozen (1998), engineers are indispensable tools in the growth and sustenance of

the pharmaceutical industry in Nigeria. In Neros Pharmaceuticals ltd, the achievements made so

far in getting the WHO pre-qualification has been as a result of the expertise of the engineers

handling virtually every section of company- the design, execution, maintenance, control

,management etc.

The Engineering profession is vast and very objective; therefore it plays a key role in the

Nigerian Pharmaceuticals industry. The feat achieved by major local drug manufacturers is

1
driven by the engineering skilled workers. Companies like May & Baker, Chi Pharmaceuticals,

Juhel Pharmacy and so on made inroads into the Pharmaceutical industry through the expertise

of some engineers in their project execution and maintenance of their HVAC (Heating

ventilation & Air Conditioning). To achieve great feats by the companies mentioned above,

engineers engaged in the Bid preparation, Project opening, Detailed Planning, Qualification,

Purchasing, Qualifications, Purchasing Manufacture, Commissioning and Service handover.

Nonetheless, maintenance was not left out as Engineers still forms a part of the day to day

running of the factory which includes but not limited (Gala and Branch, 2000).

The profession of Pharmacy is a long old one. Its development parallels that of man. Ancient

man learned from instinct, from observation of birds and beasts. Cool water, a leaf, dirt, or mud

was his first soothing application. By trial, he learned and eventually applied his knowledge for

the benefit of others. In the medieval times the methods were crude, many of today's medicines

apply sophisticated procedures and methods. The pharmaceutical sciences combine a broad

range of scientific disciplines that are critical to the discovery and development of new drugs and

therapies. Pharmaceutical sciences can be broadly classified into the following main categories,

with many specialized fields within each category.

The Global Pharmaceutical Industry has become a major contributor to the global Economy. In

2012, total world Pharmaceutical market was worth an estimated 857 Billion dollars. This is

twice the total GDP of Nigeria, the biggest Economy in Africa. The United States and Canada

remained the World’s largest market with 41 percent share; Europe came next with 26.7 percent,

followed by Japan with 11.7 percent. Africa and Asia (excluding Japan) had 14.7 percent while

Latin America had the balance of 5.9 percent. When the data is further disaggregated, Sub-

2
Saharan Africa will be seen to contribute less than 2 percent of the Global Pharmaceutical

market (8-10 billion dollars)

1.2. Statement of the Problem

The procurement of medicines in Nigeria is influenced by economic globalization, the

participation of stakeholders in the medicine supply chain (WHO and Federal Ministry of Health,

2007), multiple manufacturing sites for the same producer, the presence of extensive illicit

markets, fake and substandard products and poor storage infrastructure.

Most of Nigeria’s health indicators are poor and it will be impossible for the country to meet

most of the targets for the Millennium Development Goals (MDGs) by 2015. The challenges

facing the health sector include the failure of Government to play an effective stewardship role,

fragmented health service delivery, inadequate and inefficient financing, weak health

infrastructure, inefficient distribution of the health workforce and poor coordination amongst key

players.

According to the 2006 National Census, the population of Nigeria was 160 million and thus

constitutes potentially the largest domestic market in Africa. A large proportion of the population

suffer from both infectious and non-infectious diseases but their purchasing power is weak given

the level of poverty. Estimates of the size of the pharmaceutical market in Nigeria vary

significantly. According to Adhikari (2009), the Pharmaceutical Manufacturing Group of the

Manufacturers’ Association of Nigeria (PMGMAN) estimated the size of the total

pharmaceuticals and healthcare products market to be in excess of US$ 2 billion annually. The

estimated market for prescription ethical pharmaceuticals is US$ 500 million and that for over

the counter (OTC) pharmaceuticals about US$ 900 million. Furthermore, PMG-MAN estimates

the Nigerian market for biological products (including vaccines, insulin, interferon, etc.) to be

3
worth about US$ 100 million. In addition, related healthcare and lifestyle products account for

about US$ 500 million. Business intelligence services estimate the pharmaceutical market in

Nigeria at US$ 600 million (Business Monitor International BMI 2010) for 2009. Out of this

figure, BMI attributes the largest share of US$ 418 million to generic medicines, US$ 121

million to over the counter (OTC) products and US$ 61 million to patented products. Frost &

Sullivan (2009) estimated a pharmaceutical market value of US$ 740 million in 2009. Out of this

figure, US$ 266.4 million were attributed to generic medicines, US$ 177.6 million to branded

products and US$ 296 million to OTC products (Frost & Sullivan 2010). Nigeria also provides

60 per cent of the health products consumed in the Economic Community of West African States

(ECOWAS) by volume (PMG-MAN, 2010) and, with an estimated population of about 600

million; the ECOWAS sub-region represents a huge potential market Brozen, K. (2007).

Looking at these, it will be a huge problem for Nigeria and other countries in West African

states, if sub-standard pharmaceutical products come in or produced in Nigeria, as Nigeria

country a huge supplier of medicine to West Africa population.

1.3. Purpose of the Study

The main purpose of this research is to identify impact of engineering expertise in the Growth of

Pharmaceutical industry in Neros Pharmaceuticals Ltd Nigeria. Other objectives are to:

i Examine the relationship between engineering expertise and the growth of

pharmaceutical firms in Nigeria.

ii Identify the significant relationship between engineering expertise and

pharmaceutical professionals in Nigeria.

iii Investigate how Neros engineering expertise affect the growth in Neros

pharmaceutical industry.

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1.4. Research Questions

i What is the relationship between engineering expertise and the growth of

pharmaceutical firms in Nigeria?

ii What is the significant relationship between engineering expertise and

professionals in pharmaceutical industry in Nigeria?

iii How Neros engineering expertise affect the growth in Neros pharmaceutical firm?

1.5. Research Hypotheses

H1: There is no relationship between engineering expertise and the growth of pharmaceutical

industry in Nigeria

H2: There is no significant relationship between the professionals in pharmaceutical industry

and engineering expertise.

H3: The growth of Neros pharmaceutical firm does not depends on engineering expertise.

1.6. Significance to the Study

This study would address struggles faced by some Pharmaceutical firms due to lack of expertise

engineers. The outcome of the research will improve and increase the level of awareness of

contribution of expertise engineer in pharmaceutical industry, and it will be a benefit for

engineers and professionals in the industry how to increase their performance for the betterment

of the industry as whole. It will also serve as reverence knowledge to academic environment,

student, and stakeholders in the pharmaceutical industry; finally it will be of help to the economy

of the country (Nigeria).

1.7. Scope and Delimitations of the Study

The essence of the study is to investigate the impact of engineering expertise in the Growth of

Pharmaceutical industry in Neros Pharmaceuticals Ltd Nigeria. The scope of study will limit to

5
Neros pharmaceutical company. Also, the limitations to this study include the availability of time

to carry out the study due to the allocated time given. There is also the limitation of skills and

money required to carry out a standard investigation, as this is my first research project, my

expertise is not adequate. In addition, there is constraint in getting adequate materials and time

to source for information which could be justified due to the fact that this is a topic with little

research findings in respect of the pharmaceutical industry.

1.8. Definition of terms

Engineer: A professional who deals with engines and hardware.

Pharmaceutical: Related to production of medicine.

Expertise: A professional, very skillful in their profession.

Industry: It is group of companies carrying out the same function, or produce related goods and

service, also in the same strategic group.

Scp: It is use to analyses market in the pharmaceutical industry.

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References

Adhikari, A. (2005). scp vs. Efficiency Approach: An Empirical Analysis of Indian

Pharmaceutical Industry. Punjagutta: icfai University Press.

Bain, J. S. (1998). Relation of Profit Rate to Industry Concentration.’ Quarterly Journal of

Economics 65:293–324. Industrial Organization. New York:Wiley.

Berger, A. N. (1995). ‘The Profit-Structure Relationship in Banking-Tests of Market-Power and

Efficient-Structure Hypotheses.’ Journal of Money, Credit, and Banking 27 (2): 404–31.

Brozen, Y. (2007). Concentration, Mergers and Public Policy. New York: Macmillan.

Business Day. 2014. ‘Pharmaceuticals in Aggressive Expansion for Global Market Play.’

2 September.

Business Monitor International. (2009). ‘Nigerian Pharmaceutical Industry Report.’ Business

Monitor International, London.

Cockburn, I. M. (2008). ‘The Changing Structure of the Pharmaceutical Industry.’ Health Affairs

23 (1): 10–22.

Demsetz, H. (1996). ‘Industry Structure, Market Rivalry and Public Policy.’ Journal of Law and

Economics 16 (1): 1–9.

Gale, B. T., and Branch, B. S. (2000). ‘Concentration versus Market Share: Which Determines

Performance and Why Does it Matter?’ Antitrust Bulletin 27:83–106.

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CHAPTER TWO

LITERATURE REVIEW

2.1 Preamble

This chapter briefly reviews the related literatures conducted on the area of the study. By

embarking on such pursuit, the research was guided accordingly by discovering the research

trend regarding the topic and what it is yet to study. It reviews the relevant literature on the

impact of engineering expertise in the Growth of Pharmaceutical industry in Neros

Pharmaceuticals Ltd Nigeria. Several scholarly books and journals were also conferred with in

the study. Some of the issues discuss include theoretical, conceptual and empirical framework of

the study.

2.2.1 Theoretical and conceptual Framework of the Study

The framework of market structure conduct and performance (s-c-p) originated from neo

classical’ attempts to analyze markets. The structure conduct and performance paradigm was

developed by the Harvard school of thought and popularized between 1940s and 1960s. Its

empirical work, as carried out by Bain in 195, involved identifying the correlations between the

pharmaceutical engineer expertise and their performance (Olagunju et al. 2012). The structure,

conduct and performance empirical study have led in this regard to the implementation of most

anti-trust legislation.

Peltzman (1976) of the Chicago school of thought in his study on ‘General Theory of

Regulation’ followed suit by emphasizing the rationale for firms becoming big. The study also

looked at price theory and econometric estimation. A comprehensive review of the studies was

provided by (Schmalensee, 1989). Prior to 1990, game theories took the center stage with

emphasis on strategic decision making and the Nash equilibrium concept (Tirole 1988). After

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1990, however, empirical industrial organization making use of economic theory and

econometrics resulted in a complex empirical modeling of technological changes, merger

analysis, entry and exit as well as the identification of market power in pharmaceutical industry.

The underlying assumption of the market structure, conduct, and performance analysis is the

inverse relation between the degree of market concentration and degree of competition in the

industry. This is so because market concentration encourages collusive behavior among firms.

More specifically, the standard structure-conduct-performance paradigm asserts the existence of

a direct relationship between the degree of market concentration and the degree of competition

among firms. This hypothesis will be supported if there is a positive relationship between market

concentration (measured by the Herfindahl-Hirschman Index) and performance (measured by

profits), regardless of the efficiency (measured by market share) of the firm. Thus firms in more

concentrated industries will earn higher profits than firms operating in less concentrated

industries, irrespective of their efficiency.

2.2.2 The s-c-p Paradigm

The theoretical starting point in the explanation of the s-c-p framework originated from the

extreme microeconomic theories of market structure; monopoly and perfect competition. The

structural characteristics of the perfectly competitive market are a large number of firms with

almost equal sizes with no barrier to entry. Long-run equilibrium price equals marginal and

average costs with profits at a normal level in perfect competition.

Under monopoly, however, the industrial structure is characterized by one player (firm) with

high restriction to entry and the outcome of such barrier is that marginal cost is equated with

marginal revenue, setting price above the marginal cost and reaping supernormal profits in the

process. Consequent upon this, the position of any particular industry can be defined along this

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spectrum by considering the structure of such industry along the number of firms in such

industry, the ease (or otherwise) of entry and from such structure, predict the performance of that

industry, especially with respect to profitability or return to assets.

In summary, the s-c-p paradigm predicts a positive relationship between the level of

concentration in a given market and profits and output prices (Mason 1957).

2.2.3 The Importance of Pharmaceutical Engineers

a). The use of Electronics Health Records (EHRs) as a veritable tool

Many years ago patient recruitment was an issue for pharmaceuticals industry. The engineers

have designed a technology known as Electronic Health Records(EHRs) that enables patients to

get more involved in their treatments, which has enabled companies to recruit via patient

advocacy groups, social media, mobile devices, and the Internet. Increasingly, more and more

companies will also be making use of EHRs.

Technology proliferation, especially the growth of EHRs, EMRs, and PHRs [personal health

records] has been huge” James, J. Gillespie: Life Science leader, 2015. EHRs have the potential

to reduce the time and cost of trials. The whole effort of collecting data, validating data,

transferring it, and getting the source documents verified is eliminated

b). Getting involved in Research and Development (R&D)

From early beginnings where contract research organizations (CROs) were brought in for

elements of routine work for any case of Research and development of new drugs in

pharmaceutical companies, today we see a more comprehensive form of externalization

becoming the norm. The previous CRO model was usually based on a fee for service. It involved

very limited interaction and sharing of knowledge the end point was the result of the work.

However, nowadays Engineers are involved in the research and development. This modern

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model of collaborative working and externalization means that the ‘virtual teams’ that are

created must be able to safely share data and knowledge but also be able to trace who did what

when and why to keep the patent ball rolling. When collaboration is successful, each party must

be able to repatriate the data it owns into its own systems to ensure that the knowledge and

intellectual property (IP) are integrated and useable and consumable by others within the

organization. In effect, machines developed and operated are all done by the engineers, even in

the analysis of the products

2.2.4 The Situation of Pharmaceutical Industry in Nigeria

The Global Pharmaceutical Industry has become a major contributor to the global Economy. In

2012, total world Pharmaceutical market was worth an estimated 857 Billion dollars. This is

twice the total GDP of Nigeria, the biggest Economy in Africa. The United States and Canada

remained the World’s largest market with 41 percent share; Europe came next with 26.7 percent,

followed by Japan with 11.7 percent. Africa and Asia (excluding Japan) had 14.7 percent while

Latin America had the balance of 5.9 percent. When the data is further disaggregated, Sub-

Saharan Africa will be seen to contribute less than 2 percent of the Global Pharmaceutical

market (8-10 billion dollars)

As well as driving medical progress by researching, developing and bringing new medicines that

improve health and quality of life for patients around the globe, the researched based

Pharmaceutical industry is a key asset to global economy. It is a high technology sector with the

highest added value per person employed, significantly higher than the average value for high

tech and manufacturing industries. According to Eurostat data (2004), the pharmaceutical

Industry is also the sector with the highest ratio of R&D investment to net sales. In 2012 R&D

investment in Pharmaceuticals and Biotechnology only amounted to 17.7 percent of total

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business R&D expenditure worldwide. (ISPE Journal: Pharmaceutical engineering, vol.25 No 5,

September/October 2005)

Furthermore, some local drug manufacturers are currently upgrading their facilities to comply

with WHO (World Health Organization) prequalification and WHO GMP (current Good

Manufacturing Practice) requirements. If successful, this will enable them to promote the export

of medicines manufactured locally in Nigeria to ECOWAS countries and beyond. In addition,

once prequalified, local manufacturers will be able to participate in international procurement

tenders called by international development partners. Consequently, the 70 per cent target set in

the National Drug Policy should be achievable within the next 10 years. The current Government

in Nigeria has embarked on an ambitious agenda to become one of the top 20 economies of the

world by the year 2020 and this is its prime priority. Undoubtedly, such an initiative will impact

positively on the whole industrial sector, including local production of pharmaceuticals, and will

also boost Nigerians’ purchasing power to acquire medicines.

According to Tapan (2005), the survey conducted in the framework of this report, there are about

120 local drug manufacturers in Nigeria. Capacity utilization within the sector is about 40

percent, meaning that there is a large volume of underutilized manufacturing capacity which

could be applied to produce new products upon demand. According to the Pharmaceutical

Manufacturers Group of the Manufacturers Association of Nigeria (PMG-MAN), about 60 per

cent of pharmaceutical production in ECOWAS countries is located in Nigeria. Technical skills,

trained manpower and basic manufacturing infrastructure already exist. Thus, Nigeria has the

potential to establish itself as the leading manufacturer and distributor of essential medicines in

sub-Saharan Africa. However, studies in some countries have shown that the researched-based

pharmaceutical industry generates three to four times more employment indirectly- upstream and

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downstream than it does directly. Further, a significant proportion of these are valuable skilled

jobs. More and more, these categories are beginning to overlap. For example, a scientific

engineer working in Drug Delivery needs to understand how toxicology affects Drug Action, and

a chemist working in Drug Discovery and Design must know about the pharmacokinetics of

Drug Delivery. For this reason, pharmaceutical scientists and engineers are required to have a

broad base of knowledge in a variety of sciences and engineering.

The Engineering profession is vast and very objective; therefore it plays a key role in the

Nigerian Pharmaceuticals industry. The feat achieved by major local drug manufacturers is

driven by the engineering skilled workers. Companies like May & Baker, Chi Pharmaceuticals,

Juhel Pharmacy and so on made inroads into the Pharmaceutical industry through the expertise

of some engineers in their project execution and maintenance of their HVAC (Heating

ventilation & Air Conditioning). To achieve great feats by the companies mentioned above,

engineers engaged in the Bid preparation, Project opening, Detailed Planning, Qualification,

Purchasing, Qualifications, Purchasing Manufacture, Commissioning and Service handover.

Others include:

i. Department supervisor and maintenance coordinator verifying the completion of Plant

Maintenance tasks

ii. Plant Maintenance records keeping

iii. Provision of project management tools

iv. Involve all departments and contractors in achieving company’s goals

v. Training of staff to avoid safety issues

vi. Maintenance available resources

vii. Increased focus on better utilization of the ex-stock

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According to the 2006 National Census, the population of Nigeria was 140 million and thus

constitutes potentially the largest domestic market in Africa. A large proportion of the population

suffer from both infectious and non-infectious diseases but their purchasing power is weak given

the level of poverty. Estimates of the size of the pharmaceutical market in Nigeria vary

significantly. In 2009, the Pharmaceutical Manufacturing Group of the Manufacturers’

Association of Nigeria (PMGMAN) estimated the size of the total pharmaceuticals and

healthcare products market to be in excess of US$ 2 billion annually. The estimated market for

prescription ethical pharmaceuticals is US$ 500 million and that for over the counter (OTC)

pharmaceuticals about US$ 900 million. Furthermore, PMG-MAN estimates the Nigerian market

for biological products (including vaccines, insulin, interferon, etc.) to be worth about US$ 100

million. In addition, related healthcare and lifestyle products account for about US$ 500 million.

Business intelligence services estimate the pharmaceutical market in Nigeria at US$ 600 million

(Business Monitor International BMI 2010) for 2009. Out of this figure, BMI attributes the

largest share of US$ 418 million to generic medicines, US$ 121 million to over the counter

(OTC) products and US$ 61 million to patented products. Frost & Sullivan estimated a

pharmaceutical market value of US$ 740 million in 2009. Out of this figure, US$ 266.4 million

were attributed to generic medicines, US$ 177.6 million to branded products and US$ 296

million to OTC products (Frost & Sullivan 2010). Nigeria also provides 60 per cent of the health

products consumed in the Economic Community of West African States (ECOWAS) by volume

(PMG-MAN, 2010) and, with an estimated population of about 600 million, the ECOWAS sub-

region represents a huge potential market (Okelola, K. (2007). Pharmaceutical Manufacturers

Group of the Manufacturers (Association of Nigeria: An Overview of the Pharmaceutical Sector,

PMG-MAN, Abuja).

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2.2.5 Issues in Pharmaceutical Industry

Limited Approval of New Chemical Entities, New Chemical Entities (NCEs) are the compounds

that emerge from the process of drug discovery. Research done by IMS research shows that there

has been a significant decline in the number of NCEs launched over the last ten years. This

phenomenon has not been restricted to just a few therapeutic areas or companies and is

compounded by the fact that the value of the launches that have occurred are significantly less

than in the years when blockbusters drugs provided significant increase in revenue.

The reason for this decline has been attributed to many factors including increased scrutiny and

higher safety standards dictated by the Food and Drug Administration (FDA) authorities, broad

portfolio of early stage therapeutic products being looked at but with not much success in

creating novel medicines in the vast majority of the areas, despite advances in technology and

processes. Regardless of the reasons, the companies have to deal with the reality that there are

less new products being approved and therefore they are failing to achieve their potential to

provide treatment for patients and commercial benefits to their companies. Figure 2 shows the

fate of some promising drugs over the last few years.

While the solution to this problem starts in the area of research and development (R&D), the

business aspects is of critical importance. It takes about 10–12 years to bring a medicine to

market from discovery through launch. While it may be possible to decrease this time using

better processes and technology, fixing the business model where each company invests in R& D

from discovery through product launch (lifecycle management) is just as critical. Additionally,

companies need to make better portfolio decisions that enables them to sharpen the focus of their

investments and where possible look for opportunities to work with other entities to share the

cost of R&D as well as the business risks.

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2.2.6 Generic Drug Challenges

Increased Generic Competition Generic drugs have always been a big challenge for the

established big Pharma companies. Big Pharma companies spend many years and millions of

dollars (approximately $802 million estimated by the Congressional Budget Office, CBO) from

discovery to product launch. In 1976 the estimate was $137 million dollars and by 1990 it had

increased to $445 million dollars. These companies are able to take advantage of their hard work

and investments while their patents are in effect, but as soon as these patents expire, the generic

drug makers are able to undercut the big Pharma profit margin within 6 months by producing

lower cost, and in most cases very effective alternatives.

The recent economic downturn, healthcare reform in many countries and less disposable income

for customers have made the generic option more attractive to payers, insurance companies and

consumers concerned with managing their costs. As a result the generic drug makers have been

making inroads in the product sales of the branded products and this along with patent expiration

has led to projections of an increase in generic sales of $12 billion dollars from $18 billion in

2008 to $30 billion in 2012 Generic drugs are here to stay, and many will argue that they play a

very important part in dampening the rising cost of healthcare for consumers, especially with the

ever increasing medical and insurance costs. In this environment big Pharma companies need to

get creative and change or modify their business model to be successful. Options available to

them could include, improving their product lifecycle process to provide additional value to

patients on compounds that currently exist, partnering with biotech and generic companies to

discover additional indications and uses for their products. Another approach that could be

considered is to develop their own generic drug infrastructure and competence so they can tap

into certain markets where the cost of brand drugs may be prohibitive, but the generic versions

16
could help them to gain access to the market or region once the patent life has expired. This

would help them to develop brand recognition.

2.2.7 Regulatory Changes and Political Impact

The recent (2006–2010) economic downturn has in many situations intensified and refocused

people's attention on regulation in the Pharma industry. Some of the arguments in the fall of

2009 healthcare debate in the United States are a prime example.

The debate has been driven both by the need for the improvement in the regulatory process to

meet the current needs of all the stakeholders as well as the stated and in some cases implied

need to ensure that the expected benefits are aligned with the cost for the insurance, products and

services.

This reality will prompt and in many cases force big Pharma companies to revamp their cost

structures as governments, insurance companies, payers and patients focus on reducing the

spending on healthcare.

These cost and other related issues could be seen more as the symptom of the underlying

problem. The real issue is that there is a need for Pharma companies to be able to demonstrate

the value they bring to their patients and other stakeholders. In other words, show the value that

can be provided to the patient by the products they submit for approval, especially where they

are in therapeutic areas that are already being addressed while the needs of many others are not

met or are underserved.

The Food and Drug Administration (FDA) in the Unites States and other like organizations in

other countries have as one of their main mandates, the health and safety of the society. Big

Pharma could partner with these agencies by leveraging some of the cutting edge technology

they (big Pharma) have to speed up their processes, a win-win proposition. This would also

17
require a higher level of communication and openness than currently exists so the needs and

safety of patients are put first in all interactions.

Regulation also impacts many other issues and stakeholders concerned about issues like Global

Warming (the effects of manufacturing plants on the environment) Animal Rights groups

(resistance to testing in animals) and many other groups. These groups often have not only the

monetary resources but also the political connections that can make it very difficult for Pharma

companies to operate to their full potential in many countries and markets. Pharma companies

would be well served to understand the concerns and improve these relationships and not get into

a situation where they have trouble marketing and selling their products after clearing the high

hurdle of research and development and passing product efficacy and safety clinical trials.

2.2.8 Challenges of Pharmaceutical Firms

The procurement of medicines in Nigeria is influenced by economic globalization, the

participation of stakeholders in the medicine supply chain (WHO and Federal Ministry of Health,

2007), multiple manufacturing sites for the same producer, the presence of extensive illicit

markets, fake and substandard products and poor storage infrastructure.

Most of Nigeria’s health indicators are poor and it will be impossible for the country to meet

most of the targets for the Millennium Development Goals (MDGs) by 2015. The challenges

facing the health sector include the failure of Government to play an effective stewardship role,

fragmented health service delivery, inadequate and inefficient financing, weak health

infrastructure, inefficient distribution of the health workforce and poor coordination amongst key

players.

According to the 2006 National Census, the population of Nigeria was 160 million and thus

constitutes potentially the largest domestic market in Africa. A large proportion of the population

18
suffer from both infectious and non-infectious diseases but their purchasing power is weak given

the level of poverty. Estimates of the size of the pharmaceutical market in Nigeria vary

significantly. According to Adhikari (2009), the Pharmaceutical Manufacturing Group of the

Manufacturers’ Association of Nigeria (PMGMAN) estimated the size of the total

pharmaceuticals and healthcare products market to be in excess of US$ 2 billion annually. The

estimated market for prescription ethical pharmaceuticals is US$ 500 million and that for over

the counter (OTC) pharmaceuticals about US$ 900 million. Furthermore, PMG-MAN estimates

the Nigerian market for biological products (including vaccines, insulin, interferon, etc.) to be

worth about US$ 100 million. In addition, related healthcare and lifestyle products account for

about US$ 500 million. Business intelligence services estimate the pharmaceutical market in

Nigeria at US$ 600 million (Business Monitor International BMI 2010) for 2009. Out of this

figure, BMI attributes the largest share of US$ 418 million to generic medicines, US$ 121

million to over the counter (OTC) products and US$ 61 million to patented products. Frost &

Sullivan (2009) estimated a pharmaceutical market value of US$ 740 million in 2009. Out of this

figure, US$ 266.4 million were attributed to generic medicines, US$ 177.6 million to branded

products and US$ 296 million to OTC products (Frost & Sullivan 2010). Nigeria also provides

60 per cent of the health products consumed in the Economic Community of West African States

(ECOWAS) by volume (PMG-MAN, 2010) and, with an estimated population of about 600

million; the ECOWAS sub-region represents a huge potential market Brozen, K. (2007).

Looking at these, it will be a huge problem for Nigeria and other countries in West African

states, if sub-standard pharmaceutical products come in or produced in Nigeria, as Nigeria

country a huge supplier of medicine to West Africa population.

19
2.2.9 Engineer in Neros Pharmaceutical Firm

The impact of Neros Pharmaceutical engineers in Neros Pharmaceuticals ltd is mind-blowing, as

they form a major part of the company’s success story in achieving a world class company. They

are involved in the conception, design, construction, and operation of the research facilities and

the manufacturing plant. Also they are involved in the conception, design, scale-up,

manufacturing, and labeling and packaging processes in the conversion of chemical and

biological materials into valuable pharmaceuticals and pharmaceutical therapies, implementing

safety of the end product, and maintaining a level of personal and environmental safety. In

addition to implementation of NAFDAC regulations, validation assurance (VA), Quality

controls, and maintains Good Manufacturing Practices (GMP) compliant facilities.

a). Challenges

This project examines the challenges facing the Pharmaceutical industry in Nigeria as a result of

the non-inclusion of Engineers in driving the industry. Major challenges facing the complex

Pharmaceuticals industry are highlighted and discussed. These include Regulatory changes and

Political Impact, Legislation, Scientist and Engineers dichotomy, Poor remuneration and Lack of

Capacity building

2.3.1 Empirical review to the Study

The subject matter of the relevance of the structure-conduct-performance as well as efficiency

theory has been documented in empirical literature. Studies like Demsetz (1973) and Berger

(1995), Howard and Timothy (1999), Cockburn (2004), Praveen and (2005) and others are

reviewed in this study. Howard and Timothy (1999), in a study linking scp paradigm to

competence-based competition, looked at how the resource-based view of the firm and the theory

of competence-based competition can be used to integrate these perspectives. They concluded by

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proposing six issues which should motivate future strategy research, and which can help and

enhance our understanding of how firms compete.

Nanyang (2003) applied the s-c-p Framework to analyze the media industry in Singapore. The

study restated the constructs and premises of the s-c-p model, and the orthodox economic notions

of market performance as well as the logic that underlies the model are clarified. The paper also

discussed conceptualizations and interpretations commonly found in media market studies.

Media issues such as content diversity and media concentration, which are often studied through

the s–c–p approach, were also reexamined. It further identified and addressed common

misconceptions found in using the framework to study the media industry and also expounded

how utilization of the model can be enhanced.

Cockburn (2004) researched into the changing structure of the pharmaceutical industry in the

United States and found that rising research and development (R&D) expenditures by

pharmaceutical firms are consequence of changing industry structure, particularly the rise of the

biotechnology sector. The creation of a market for biomedical science and increased vertical

competition within the industry are likely to boost innovation and improve productivity. This can

also induce socially wasteful spending and weaken academic science within the industry. The

study asserted that with innovation increasingly dependent on financially vulnerable firms and

complex contractual arrangements, research and development investment may become more

sensitive to price controls or other cost containment measures.

Adhikari (2005) studied s-c-p vs. efficiency approach to carry out an empirical analysis of the

Indian Pharmaceutical Industry. The study posited that s-c-p approach in the pharmaceutical

industry is not relevant due to negligible concentration and low barrier to entry. The paper

fundamentally addressed efficiency approach to find out what the factors influencing efficiency

21
of firms in the pharmaceutical industry are. Data of all companies available in prowess database

are taken for empirical analysis. Two multivariate techniques of factor analysis and multiple

regressions were applied. The result shows that research and development as well as advertising

plays no significant role in the efficiency of the firm and thereby advocated that firms should

take another look at the return on investment in research or make it more selective than general.

Tapan (2005) looked at the relevance of the s-c-p paradigm to the Indian Industry as a whole by

elucidating the basic ideas of s-c-p theory, and reviewing studies that used the paradigm, while

also exploring its relevance to the Indian industry. They discussed in-depth the relationship

between concentration and performance in the Indian industry.

The study underscored the increasing significance of the s-c-p paradigm in the post-reform

Indian Industry. Adhikari (2005) looked at the market structure, conduct and performance

paradigm re-applied to the international tourist hotel industry. Due to the shortcomings of

previous studies to confirm the causality of the hotel industry, the paper developed a

comprehensive model, based on realistic data on hotels, which allowed the analysis of the system

through three simultaneous equations, market share, advertising, and profitability. In a sample of

360 Taiwanese international tourist hotels, three-stage least squares results indicate that:

i. Two-way causes and effects exist between the market structure and strategic behaviour;

ii. A brand positive effect shows on the market share; and

iii. A firms’ profitability is positively, and significantly, impacted by market share, but is

affected negatively by total operating costs and capital intensity, which confirms hotel

industry issues regarding capital.

Jiankang (2014) researched into the s-c-p analysis of biopharmaceutical industry in China. The

paper analyzed the market structure, enterprise conduct and performance of biological

22
pharmaceutical industry in China. It is suggested in the paper that the government need to speed

up the industrial restructuring, to optimize the industrial structure, to encourage the similar

innovation, to optimize approval procedures of biological generics, etc.

Finally, since the emergence of the neo-classical study of Mason in 1939, which posited that a

direct causal link exists between the structure and performance of a firm, series of other studies

like Demsetz (1973) and Berger (1995) have refuted the argument by claiming that there exists a

causality reversal where performance can determine the structure of firms. The lack of consensus

reached by these studies has also led Adhikari (2005) to come up with efficiency approach to

studying the performance of pharmaceutical firms in India.

This current study will lean on the study conducted by Adhikari (2005) on the performance of

pharmaceutical industries in India to determine what really drives the Nigerian pharmaceutical

industry, whether it is structure or efficiency. To this end, since studies of this sort especially as

it pertains to the pharmaceutical industry are scanty in Nigeria, this paper tries to fill this gap in

the literature. It is not only that the main contribution of the research presented in this study is

original, as it presents the first study of s–c–p/efficiency relationship in the pharmaceutical

industry in Nigeria, but it also contains results that extend and complement those in existing

literature on the s–c–p paradigm related to the pharmaceutical industry.

2.3.2 Key Aspects of Pharmaceutical Engineering

Project engineering is a technical support of the process of creating a new object, such as design

development and construction. It contains of technical consulting, development of technological

systems, decision optimization (choice of the best solutions) and control functions execution. For

instance, construction and project engineering provides coordination and project review, permits

obtaining and commissioning team preparation

23
Project engineering includes:

1. Capital project development;

2. Client functions performance at all stages of the investment process; in pharmaceutical

manufacturing should take

3. Coordination of project documentation composition for construction and modernization

4. Investment intentions development and construction expediency evaluation;

5. Normative-technical design review;

6. Design decisions review, alternative solutions production; necessary to establish the

project engineering

7. Risk calculations and risk review;

8. Project documentation implementation

9. Collection and process of data at all stages of the project

For each project regulated companies should have the defined groups responsible for the projects

assigned to them, each group should have the assigned area of responsibility for making

decisions and financial issues. Also key stakeholders involved in the project and financially

responsible for the project and its outcome should be defined.

After that it is necessary to establish the project engineering procedures. To do that regulated

companies should have the defined procedures that cover the intended number of projects

including the established control procedures in general and in a single project. These procedures

should define the project group structure, type of records and should include the documentation

maintenance strategy that defines:

1. Information retention criteria and information;

2. Planning, progress, expenditure report;

24
3. Change control (relevant to each stage and activity);

4. Project evaluation;

5. Quality control.

Further it is necessary to evaluate project engineering. In this case regulated companies should

ensure that project objectives system (such objectives as process, product and equipment) is

defined at the early stages of the project and subsequent methods and procedures are established

for risk assessment and decisions contribution assessment to identify and mitigate risks of the

project objectives.

When defining a scope of the project engineering, regulated company should guarantee that

project groups, procedures and responsibilities correspond to its scope, modification and

contribution to the GxP regulated system. When forming a qualified project engineering staff,

regulated companies should ensure that personnel involved into project development is properly

qualified and trained and has the resources and support complied with the technical

specifications and number of activities, their types and scope.

As it was stated earlier, the main part of the project engineering activity in pharmaceutical

manufacturing should take regulated companies or engineering departments. Regulated company

(project organization) should have a concerted and determined activities defined by the eagerness

to minimize costs and improve quality.

When generating a project, regulated companies should have a mechanism for regular analysis of

current and future demands for the current possibilities and accessible technologies. This

information should be used to define the requirements and as a foundation for change

implementation. Also, while developing a project, regulated companies should have a

25
mechanism of analyzing proposed changes and methods for work scope definition (user

requirements specification).

During the project review regulated companies should ensure that the appropriate decisions, such

as risk assessment and environmental impact, are used to establish the effective project approach.

The established approach should consider the full life cycle and possible risks, for instance:

possibility of minimal cost could be non-optimal due to high operating costs or other significant

risk exposure factors

In extension project such decisions should be reassessed according to pre-defined schedule

Besides that regulated companies should have means of definition of the most appropriate

project realization methods according to budget and schedule Within the limits of resource

provision for project management, regulated companies should provide the project with the

access to the adequate resources personnel, means of communication funding, offices and

systems.

Value engineering is the key aspect of project engineering as it guarantees the confidence in

reasonable investment in any activity, its evaluation and organization for optimal value

derivation. Value is defined by costs quality and scope. Meanwhile regulated company should

have defined methods of efficient decisions making relative to project execution based on the

project’s revenue capability. Within the limits of project engineering activities, regulated

companies define the investment risks and review them. To perform that review they should

adequately assess the investment risks and take into account all possible consequences and

advantages of project viability and the means of its execution. The necessity of the timely

execution and risks connected impossibility to do that should be clear to stakeholders.

26
References

Adhikari, A. (2005). scp vs. Efficiency Approach: An Empirical Analysis of Indian

Pharmaceutical Industry. Punjagutta: icfai University Press.

Bain, J. S. (1998). Relation of Profit Rate to Industry Concentration.’ Quarterly Journal of

Economics 65:293–324. Industrial Organization. New York:Wiley.

Berger, A. N. (1998). ‘The Profit-Structure Relationship in Banking-Tests of Market-Power and

Efficient-Structure Hypotheses.’ Journal of Money, Credit, and Banking 27 (2): 404–31.

Business Monitor International . (2009). ‘Nigerian Pharmaceutical Industry Report.’ Business

Monitor International, London.

Cockburn, I. M. (2008). ‘The Changing Structure of the Pharmaceutical Industry.’ Health Affairs

23 (1): 10–22.

Demsetz, H. (1996). ‘Industry Structure, Market Rivalry and Public Policy.’ Journal of Law and

Economics 16 (1): 1–9.

Eurostat data (2004), Nigerian Pharmaceutical Industry Report.’ Business Monitor International,

London.

Nanyang (2003) . ‘Concentration versus Market Share: Which Determines Performance and
Why Does it Matter?’ Antitrust Bulletin 27:83–106.

Nikonov, I.A., 2012. Project Analysis and Project Controlled Drug Delivery. World Applied

Sciences Finance. Moscow: Alpina Publisher, pp: 154.

Mason E. (1957). Nigeria under Structural Adjustment. Agodi, Ibadan, Nigeria: Fountain

Publishers. P 261.

Essien, A. E. (2005). A Consistent Macroeconomic Framework for the Agriculture Sector under

the Natural Economic Empowerment and Development Strategy (NEEDS). Central

Bank of Nigeria (CBN) Bulletin

27
Jiankang, H. (2014). Factors Affecting Capacity Utilization Decisions in Nigeria: A Time

Series Analysis. Int. Bus. Res. 5(1):157. Doi.10.5539/ibr.v5n1p157 .

Okelola, S. K. (2007). Size: Structure and Performance of Private Nigerian Manufacturing

Enterprises: Nig. J. Econ. Soc. Stud. 37:13-27

Olagunju, M. O. (1987): The Structural Adjustment Programme (SAP) and the Industrial Sector:

NISER, Ibadan, Nigerian 1987

Peitzman, R. A. (1995). Risk and Return: Empirical Evidence on Market Factors in the Behavior

of Nigerian Stock Exchange Common stock prices.” Nig. J. Mgt Stud. 7(1):104-121.

Schmalensee, A. (1989). The impact of the Annulment of the June 12 1993 Election and the

Nigerian Stock market,.12. Contemp. Issues 3(1):25-44.

Tapan, O. O. (2005). “Determinant of Manufacturing Capacity Utilization in Nigeria 1970-

1988. Nig. J. Econ. Soc. Stud. 42(2):121-130 .

28
CHAPTER THREE

RESEARCH METHODOLOGY

3.1 Preamble

This chapter explains the techniques used in collecting and analyzing the relevant data and

information for this study. The chapter specifies the research design, sampling design, population

of the study, the research instrument, method of data analysis etc. It also states the extent to

which the findings of the study can be generalized.

3.2 Research Design

This study used the field survey method. Field survey is chosen because the study seeks to

investigate the impact of expertise engineers on the growth of pharmaceutical industry in

Nigeria. The method was chosen because the study seeks to reflect the awareness of expertise

engineers on the growth of pharmaceutical industry in Nigeria with implication to relevance of

pharmaceutical industry.

3.3 Population of the Study

The study population was the staff of Neros pharmaceutical company in Lagos State. It was

covered male and female, junior and senior staff of the company. The entire population of the

staff of the company is 220 workers (sources from one of the staff of the company).

3.4 Sample and sampling Techniques

The sample size was 100 respondents, 50 respondents for men and 50 respondents for women by

using equality measurement to determine the sample size of the respondents. The convenience

29
sampling method was used to select the respondents because of mobility nature of the duty and

activities of some workers in the company.

3.5 Research Instruments

To investigate the impact of expertise engineer on the growth of pharmaceutical industry in

Nigeria, the questionnaire was the instrument used to collect primary data in this study. The

questionnaire was five (5) point Liker scale. The questionnaires will be constructed in two

sections. Section ‘A and B’ Section ‘A’ was request for respondents’ background data such as,

gender, age group, marital status, year of experience in the company, educational qualification.

While section B of the questionnaire was request for the respondent’s views on the research

questions on the variables of the topic.

The questionnaires contained several structured questions (close ended) to be probe into

research problem, such as Strongly Agree (SA), Agree (A), Undecided (U), Disagree, and

Strongly Disagree (SD).

The data collection instrument was validated by using content validity test, and the reliability of

the instrument was tested by Cronbach Alpha test.

𝑁.𝐶
Cronbah alpha: α = 𝑉 + (𝑁 - 1).𝐶

N= the number of item

Ĉ-bar = the average inter-item covariance among the items

Ṽ-bar = the average variance

Cronbach’s alpha is a measure of internal consistency that is how closely related a set of items

are as a group. It is to be s measure of scale reliability.

30
A high value for alpha does not imply that the measure is uni-dimentional. Technically,

Cronbach alpha is not statistical test; it is a coefficient of reliability or consistency.

1. Cronbach alpha to test Engineering Expertise in Neros variable

Case Processing Summary


N %
Valid 90 100.0
Cases Excludeda 0 .0
Total 90 100.0
Output of Statistical Package of
Social Science (SPSS)
Listwise deletion based on all variables
in the procedure.

Reliability Statistics
Cronbach's N of Items
Alphaa
.276 7

2. Cronbach alpha to test The Growth in Pharmaceutical Industry variable

Reliability Statistics
Cronbach's N of Items
Alpha
.161 7

3. Cronbach alpha to test Growth of Pharmaceutical Industry variable

Reliability Statistics
Cronbach's N of Items
Alpha
.104 7

31
4. Cronbach alpha to test Professional in Pharmaceutical Industry variable

Reliability Statistics
Cronbach's N of Items
Alpha
.229 7

According to the table 1, 2, 3 and 4, the cronbach alpha is 0.276, 0.161, 104, 0.229 respectively.
This means the alpha › 0.05

The questionnaire was valid for this study because it has been widely used in past researches in

measure the human performance and has proved to be a very reliable for the collection of data.

3.6 Data Analysis

The main method of data analysis was carried out by using statistical packages for social

sciences (SPSS) soft-ware (Version 21.0). The study used inferential statistical tool to carry out

the conclusion of the data analysis on the hypotheses testing. The first stage of data processing

was involved the use of tables of frequency distribution percentages of the variables in the

questionnaires, while the correlation matrix was used to test the hypotheses, to show the

relationship between the variables. The correlation coefficient (r) was used to measure the nature

and degree of relationship and causal effect between the variables.

3.7 Limitation of the Methodology

The few limitations that were encountered in the course of this study are:

Researchers are subject to various form of limitations, this is not an exemption. Even though the

responses of the respondent were used for purpose of research are burdened with the following

limitations such as: Respondents were not inhibited to respond freely to the questionnaire

32
because of the confidentiality of the organization to the public, respondents are not willing to use

out of their time to treat the questionnaire given to them e.t.c.

33
References

Asika N. (2004). ‘Research Methodology’. A Process Approach Lagos: Ruthman


Publication Limited.

Dixon O. (2002). ‘Research Methods and Elementary Statistics in Practice. Lagos,


Nigeria’ Phil gad Nig. Ltd.

Pascal S. (2002). ‘Research on Organization Management Limitation’. International


Journal on Internet Source.

34
CHAPTER FOUR

DATA PRESENTATION AND ANALYSIS

4.1 Introduction

This segment of the study focuses on the data presentation and analysis. The data is presented in

tabular form with the coding of the response, while the data analysis shows the frequency and

testing of hypotheses.

Table 4.2.1 Distribution of Questionnaire

Questionnaire Frequency Percent

Copies Retrieved 90 90.0

Copies Not 10 10.0

Retrieved

Total Copies 100 100.0

Source: Field Survey, 2017

100 questionnaires were administered, 90 were retrieved, this means that 90.0% of the

questionnaires were retrieved and 10.0% of the questionnaires were unable to collect from the

respondents.

35
4.2.2 Analysis of Respondents According to Bio-Data Characteristics

Table 4.2.2 Socio-Demographic Characteristics

Variables Items Frequency Percent

1. Gender Male 55 53.3

Female 35 47.0

Total 90 100

2. Age 20-39years 41 45.6


40-59years 34
37.7

60years and above 15 16.7

Total 90 100.0
3. Marital Status Single 43 47.8
Married 47
52.2
Total 90 100.0
4. Educational O’levels/SSCE 16 17.8
Qualification
NCE/OND 21
23.3
HND/B.Sc. 31 34.4
MBA/M.Sc. 22
24.4
Total 90 100.0
5. Duration of Below 5years 10 11.1
service
6-10years 24
26.7
11-15years 22 24.4
16-20years 18
20.0
20years and Above 16 17.8
100.0
Total 90

6. Average Below N50,000 34 37.8


monthly
N5I,000-N100,000 14
income 15.6

36
N101000-150000 24 26.7
N151000Above 18
20.0
90
100.0
Source: Field Survey, 2017

Table 4.2.2 shows the demographic distribution of sampled respondents, according to the gender

distribution shows 55.30% of the respondents were male, while 47.0% of the respondents were

female.

In terms of their age distribution it shows that 45.6% of the respondents were within the age

bracket of 20-39years, 37.7% of the respondents were within 40-59years, while 16.7% were

60years and above.

According to their marital status distribution, it shows that 47.8% of the respondents were

single, while 52.2% of the respondents were married.

In addition, the distribution of respondents focusing on educational qualification, 17.8% of the

respondents were in SSCE levels, 23.3% of the respondents were in NCE/OND levels, 34.4% of

the respondents were in HND/B.Sc. levels, while 24.4% of the respondents were in MBA/M.Sc.

levels.

According to distribution focusing duration of service, 11.1% of the respondents were 5year

below, 26.7% were 6-10years, 24.4% were in 11-15years, 20.0% were respondents in between

16-20years, 17.8% were respondents in category of 21years and above.

And according to the average monthly income, shows that respondents belong in the N50000

Below, it shows that 37.8% of the respondents are in N51000-N100000, while 15.6% of the

37
respondents were in N101000-150000, also 26.7% of the respondents were in N151000 and

above, shows 20.0%.

4.2.3 Analysis of research questions according to Engineering Expertise in Neros

Total Number of Sampled Response

Respondents = 90

SA A SD D total
SN Research Questions
f % f % f % f % f

There is need for the


1 Engineering expertise 40.0 100.0
28 31.1 36 12 13.3 14 15.6
in pharmaceutical firms
include Neros.
Impact of Engineering
Expertise in
2 25 27.8 39 43.3 9 10.0 18 20.0 100.0
Pharmaceuticals
industry is un-
avoidable.
There is less needs for
3 engineering expertise 42.2 17 18.9 100.0
26 28.9 38 10 11.1
in Neros
pharmaceutical firm.
The expertise of the
engineers handling
4 virtually every section 30.0 23 25.6 5 5.6 100.0
37 41.1 27
of company the design
and execution in Neros
company.

38
Without engineering
expertise, there is no
5 30,0 36.7 21 23.3 100.0
productivity in 27 28 31.1 33

pharmaceutical firms in
Nigeria.
Profitability of Neros
6 firm depends on the 24.4 24.4 16 17.8 100.0
22 30 33.3 22
effectiveness of
engineering expertise.
Engineering expertise
7 enhancing the 30.0 28.9 12 13.3 100.0
27 25 27.8 26
performance of Neros
company.
Source: Field Survey, 2017

Table 4.2.3 shows the distribution sampled respondents according to research questions which

focuses on ‘Engineering Expertise in Neros’, it shows that, 27.4% of the respondents strongly

agreed on the view that there is need for the Engineering expertise in pharmaceutical firms include

Neros., 40.0% agreed, while 13.3% respondents strongly disagreed, and 15.6% disagreed on the

statement

The table 4.2.3 research question two also shows that, 27.8% of the respondents strongly agreed

on the view that Impact of Engineering Expertise in Pharmaceuticals industry is un-avoidable., 43.3%

agreed, while 10.0% respondents strongly disagreed, and 20.0% disagreed on the statement.

The table 4.2.3 research question two also shows that, 27.8% of the respondents strongly agreed

on the view that Impact of Engineering Expertise in Pharmaceuticals industry is un-avoidable., 43.3%

agreed, while 10.0% respondents strongly disagreed, and 20.0% disagreed on the statement.

39
The table 4.2.3 research question two also shows that, 27.8% of the respondents strongly agreed

on the view that Impact of Engineering Expertise in Pharmaceuticals industry is un-avoidable., 43.3%

agreed, while 10.0% respondents strongly disagreed, and 20.0% disagreed on the statement.

The table 4.2.3 research question two also shows that, 27.8% of the respondents strongly agreed

on the view that Impact of Engineering Expertise in Pharmaceuticals industry is un-avoidable., 43.3%

agreed, while 10.0% respondents strongly disagreed, and 20.0% disagreed on the statement.

The table 4.2.3 research question two also shows that, 27.8% of the respondents strongly agreed

on the view that Impact of Engineering Expertise in Pharmaceuticals industry is un-avoidable., 43.3%

agreed, while 10.0% respondents strongly disagreed, and 20.0% disagreed on the statement.

The table 4.2.3 research question two also shows that, 27.8% of the respondents strongly agreed

on the view that Impact of Engineering Expertise in Pharmaceuticals industry is un-avoidable., 43.3%

agreed, while 10.0% respondents strongly disagreed, and 20.0% disagreed on the statement.

According to the research questions on the table 4.2.3, (the research variable that says

Engineering expertise in Neros), this table shows that, the number of respondents agreed on the

statement are more than those respondents who disagreed on the statement.

4.2.4 Analysis of research questions according to Neros’s firm Performance

Total Number of Sampled Response

Respondents = 90

SA A SD D total
SN Research Questions
f % f % f % f % f

40
For some years Neros
Pharmaceutical firm
8 22 24.4 33 36.7 15 16.7 17 18.8 100.0
record tremendous
business growth in
Nigeria business
pharmaceutical
industry in Nigeria has
9 witnessed tremendous 40.0 15 16.7 100.0
28 31.1 36 12 13.3
growth in Nigeria both
technologically and
human capacity
Neros pharmaceuticals
company has met the
10 35.6 13 14.4 100.0
World health 29 32.2 32 16 17.8

organisation standard
in Nigeria
Neros pharmaceutical
11 32.2 20 22.2 8 8.9 100.0
company is one of fast 35 38.9 29

growing in Nigeria
For some years back,
the performance of
Neros pharmaceutical
12 28.9 25.6 12 13.3 100.0
firm has performed 26 29 32.2 23

impressively in
pharmaceutical
industry.
For some years now,
some pharmaceutical
13 26.7 23.3 20 22.2 100.0
company have not 24 25 27.8 21

record any growth in


pharmaceutical

41
industry.
Neros records less
14 30.0 28.8 12 13.3 100.0
growth in some years 27 25 27.8 26

back to this time.


Source: Field Survey, 2017

Table 4.2.4 shows the distribution of sampled respondents according to research questions which

focuses on “Neros firm Performance”, it shows that, 24.4% of the respondents strongly agreed

on the view that for some years Neros Pharmaceutical firm record tremendous business growth

in Nigeria business, 36.7% agreed, while 16.7% respondents strongly disagreed, and 18.8%

disagreed on the statement

The table 4.2.3 research question two also shows that, 31.1% of the respondents strongly agreed

on the view that pharmaceutical industry in Nigeria has witnessed tremendous growth in Nigeria

both technologically and human capacity 40.0% agreed, while 13.3% respondents strongly

disagreed, and 16.7% disagreed on the statement.

The table 4.2.3 research question two also shows that, 32.2% of the respondents strongly agreed

on the view that Neros Pharmaceuticals Company has met the World health organisation

standard in Nigeria, 35.6% agreed, while 17.8% respondents strongly disagreed, and 14.4%

disagreed on the statement.

The table 4.2.3 research question two also shows that, 38.9% of the respondents strongly agreed

on the view that Neros pharmaceutical company is one of fast growing in Nigeria, 32.3% agreed,

while 22.2% respondents strongly disagreed, and 8.9% disagreed on the statement.

The table 4.2.3 research question two also shows that, 28.9% of the respondents strongly agreed

on the view that For some years back, the performance of Neros pharmaceutical firm has

42
performed impressively in pharmaceutical., 32.2% agreed, while 25.6% respondents strongly

disagreed, and 13.3% disagreed on the statement.

The table 4.2.3 research question two also shows that, 26.7% of the respondents strongly agreed

on the view that For some years now, some pharmaceutical company have not record any growth

in pharmaceutical industry, 27.8% agreed, while 23.3% respondents strongly disagreed, and

22.2% disagreed on the statement.

The table 4.2.3 research question two also shows that, 30.0% of the respondents strongly agreed

on the view that Neros records less growth in some years back to this time, 27.8% agreed, while

28.8% respondents strongly disagreed, and 13.3% disagreed on the statement.

According to the research questions on the table 4.2.3, (the research variable that the relationship

between Growth and Neros firm Performance), this table shows that, the number of respondents

agreed on the statement are more than those respondents who disagreed on the statement

4.2.5 Analysis of research questions according to Growth of Pharmaceutical Industry

Total Number of Sampled Response

Respondents = 90

SA A SD D total
SN Research Questions
f % f % f % f % f

The pharmaceuticals
company has met the 38.9 100.0
15 29 32.2 35 11 12.2 13 14.4
World health organisation
standard in Nigeria.

Empirical modeling of 32.2 20 22.2 8 8.9 100.0


16 technological changes 35 38.9 29
as well as the

43
identification of market
power in
pharmaceutical
industry

The engineers have


designed a technology
known as Electronic
17 Health Records that 26 28.9 29 32.2 23 25.6 12 13.3 100.0
enables patients to get
more involved in their
treatments

Nowadays Engineers
are involved in more
18 research and 24 26.7 25 27.8 21 23.3 20 22.2 100.0
development than
before

Medical progress by
researching, developing
19 and bringing new 27 30 28 31.1 14 15.6 21 23.3 100.0
medicines that improve
health

Medical progress by

researching, developing

20 and bringing quality of 21 23.3 29 32.2 21 23.3 19 21.1 100.0

life for patients around

the globe

Some local drug


manufacturers are
21 currently upgrading 22 24.1 28 31.4 22 24.1 18 20.2 100.0
their facilities to
comply with WHO

Source: Field Survey, 2017

44
Table 4.2.5 shows the distribution of sampled respondents according to research questions which

focuses on ‘the relationship according to Growth in Pharmaceutical industry, it shows that,

32.2% of the respondents strongly agreed on the view that the pharmaceuticals company has met

the World health organisation standard in Nigeria, 38.9% agreed, while 12.2% respondents

strongly disagreed, and 14.4% disagreed on the statement

The table 4.2.5 research question two also shows that, 38.9% of the respondents strongly agreed

on the view that Empirical modeling of technological changes as well as the identification of

market power in pharmaceutical industry 32.2% agreed, while 22.2% respondents strongly

disagreed, and 8.9% disagreed on the statement.

The table 4.2.5 research question two also shows that, 28.9% of the respondents strongly agreed

on the view that The engineers have designed a technology known as Electronic Health Records

that enables patients to get more involved in their treatments 32.2% agreed, while 25.6%

respondents strongly disagreed, and 13.3% disagreed on the statement.

The table 4.2.5 research question two also shows that, 26.7% of the respondents strongly agreed

on the view that Nowadays Engineers are involved in more research and development than

before, 27.8% agreed, while 23.3% respondents strongly disagreed, and 22.2 % disagreed on the

statement.

The table 4.2.5 research question two also shows that, 30.0% of the respondents strongly agreed

on the view that Medical progress by researching, developing and bringing new medicines that

improve health, 31.1% agreed, while 15.6% respondents strongly disagreed, and 23.3%

disagreed on the statement.

45
The table 4.2.5 research question two also shows that, 23.3% of the respondents strongly agreed on the

view that Medical progress by researching, developing and bringing quality of life for patients

around the globe, 32.2% agreed, while 23.3% respondents strongly disagreed, and 21.1% disagreed on

the statement.

Finally, the table 4.2.5 research question two also shows that, 24.1% of the respondents strongly

agreed on the view that Some local drug manufacturers are currently upgrading their facilities to

comply with WHO, 31.4% agreed, while 24.1% respondents strongly disagreed, and 20.2%

disagreed on the statement.

According to the research questions on the table 4.2.5, “the research variable that show the

Growth of Pharmaceutical”, this table shows that, the numbers of respondents agreed on the

statement are more than those respondents who disagreed on the statement.

4.2.6 Analysis of research questions according to Professionals in pharmaceutical

industry

Total Number of Sampled Response

Respondents = 90

SA A SD D total
SN Research Questions
f % f % f % f % f

Many pharmaceutical
companies are driving
at meeting the required
22 standards by using 27 31.3 37 40.8 13 14.2 11 12.4 100.0
advanced equipment
and Expertise
Engineers.

46
Engineering Expertise
play a key roles in the
23 growth of Nigeria 34 37.9 30 32.2 18 22.2 10 8.9 100.0
pharmaceutical
industry.

Major local drug


manufacturers are
24 driven by the 27 28.9 28 32.2 25 25.6 10 13.3 100.0
engineering skilled
workers.

To achieve great feats


by the pharmaceutical
firms, engineering 26.7 23.3 18 22.2 100.0
25 22 27 27.8 23
expertise engaged in
great impact in their
growth.

The challenges facing


the Pharmaceutical
26 industry in Nigeria as a 24 30.0 25 31.1 12 15.6 23 23.3 100.0
result of the non-
inclusion of Engineers

Benefit for engineers

and professionals in the

industry increase their


27 22 23.3 28 32.2 21 23.3 18 21.1 100.0
performance for the

betterment of the

industry as whole

Pharmaceutical
28 industry is a key asset 35 38.9 29 32.2 20 22.2 8 8.9 100.0
to global economy

Source: Field Survey, 2017

47
Table 4.2.6 shows the distribution of sampled respondents according to research questions which

focuses on ‘the relationship according to Professionals in pharmaceutical industry, it shows

that, 31.3% of the respondents strongly agreed on the view that many pharmaceutical companies

are driving at meeting the required standards by using advanced equipment and Expertise

Engineers., 40.8% agreed, while 14.2% respondents strongly disagreed, and 12.4% disagreed on

the statement.

The table 4.2.6, the research question two also shows that, 37.9% of the respondents strongly

agreed on the view that engineering Expertise play a key roles in the growth of Nigeria pharmaceutical

industry. 32.2% agreed, while 22.2% respondents strongly disagreed, and 8-9% disagreed on the

statement.

The table 4.2.6 research question two also shows that, 28.9% of the respondents strongly agreed

on the view that major local drug manufacturers are driven by the engineering skilled workers.

32.2% agreed, while 25.6% respondents strongly disagreed, and 13.3% disagreed on the

statement.

The table 4.2.5 research question two also shows that, 26.7% of the respondents strongly agreed

on the view that major local drug manufacturers are driven by the engineering skilled workers,

27.8% agreed, while 23.3% respondents strongly disagreed, and 22.2 % disagreed on the

statement.

The table 4.2.6 research question two also shows that, 26.7% of the respondents strongly agreed

on the view that to achieve great feats by the pharmaceutical firms, engineering expertise

engaged in great impact in their growth., 27.8% agreed, while 23.3% respondents strongly

disagreed, and 22.2% disagreed on the statement.

48
The table 4.2.6 research question two also shows that, 23.3% of the respondents strongly agreed

on the view that benefit for engineers and professionals in the industry increase their

performance for the betterment of the industry as whole, 32.2% agreed, while 23.3% respondents

strongly disagreed, and 21.1% disagreed on the statement.

The table 4.2.6 research question two also shows that, 38.9% of the respondents strongly agreed

on the view that Pharmaceutical industry is a key asset to global economy, 32.2% agreed, while

22.2% respondents strongly disagreed, and 8.9% disagreed on the statement.

Finally, According to the research questions on the table 4.2.6, (the research variable that shows

the Professionals in pharmaceutical industry), this table shows that, the number of respondents

agreed on the statement are more than those respondents who disagreed on the statement.

4.3.1 Testing of Hypotheses

In testing the hypothesis formulated in chapter one of these studies, the data collected was

subjected to a statistical test, Product Pearson Moment correlation method test using SPSS

software (Version 21.0) to find if there is any statistical relationship between the variables in

each of the hypotheses.

Hypothesis One

H0: There is no significant relationship between the professionals in pharmaceutical industry

and engineering expertise.

H1: There is significant relationship between the professionals in pharmaceutical industry

and engineering expertise.

49
Table 4.3.1 Correlations Matrix for Hypothesis one (Tested by research questions base on

variables for Engineering Expertise in Neros and Neros Firm Performance)

Engineering Expertise Neros’s firm

in Neros Performance

Engineering Expertise in Pearson Correlation 1 .092

Neros
Sig. (2-tailed) .000

N 100 100

Neros’s firm Performance Pearson Correlation .092 1

Sig. (2-tailed) .000

100 100
N

Output of Statistical Package of Social Science (SPSS)

Interpretation: Table 4.3.1 shows the Pearson correlation matrix result, indicating relationship

between involving in Engineering Expertise in Neros and Growth of Neros Firm Performance at

.092. When “г” is -1 there is perfect negative correlation between the statements, when +1 there

is perfect positive between and if “0” it shows significant relationship between the statements,

but on this study the Pearson “г” is 0.092. On this statement it shows that, there is relationship

between engineering expertise and the growth of pharmaceutical industry in Nigeria

50
4.3.2 Hypotheses Two

H0: There is no significant relationship between the professionals in pharmaceutical industry

and engineering expertise.

H1: There is significant relationship between the professionals in pharmaceutical industry

and engineering expertise.

Table 4.3.2 Correlations Matrix for Hypothesis two (Tested by research questions base on

variables for Engineering Expertise in Neros and Engineering Expertise and Growth of

Pharmaceutical)

Professional in Growth of

pharmaceutical Pharmaceutical

industry industry

Professional in Pearson Correlation 1 .151

pharmaceutical
Sig. (2-tailed) .000
industry
N 90 100 100

Growth of Pearson Correlation .151 1

Pharmaceutical
Sig. (2-tailed) .000

N 90 100 100

Output of Statistical Package of Social Science (SPSS)

51
Interpretation: Table 4.3.2 it also shows the Pearson correlation matrix result, indicating

relationship between Engineering Expertise in Neros and Engineering Expertise and Growth of

Pharmaceutical at .151. When “г” is -1 there is perfect negative correlation between the

statements, when +1 there is perfect positive between and if “0” it shows significant relationship

between the statements, but on this study the Pearson “г” is 0.151. On this statement it shows

that, there is significant relationship between the professionals in pharmaceutical industry and

engineering expertise

4.3.3 Hypotheses Three

H0: The growth of Neros pharmaceutical firm does not depend on engineering expertise.

H1: The growth of Neros pharmaceutical firm depends on engineering expertise.

Table 4.3.3 Correlations Matrix for Hypothesis two (Tested by research questions base on

variables for Engineering Expertise and Growth of Pharmaceutical

Engineering Growth of

Expertise in Pharmaceutical

Neros Industry

Engineering Pearson Correlation 1 .076

Expertise in Neros
Sig. (2-tailed) .000

N 90 90

Growth of Pearson Correlation .076 1

52
Pharmaceutical Sig. (2-tailed) .000

Industry
N 100 100

Output of Statistical Package of Social Science (SPSS)

Interpretation: Table 4.3.3 It also shows the Pearson correlation matrix result, indicating

relationship between Growth and Neros Firm Performance and Engineering Expertise and

Growth of Pharmaceutical at .076. When “г” is -1 there is perfect negative correlation between

the statements, when +1 there is perfect positive between and if “0” it shows significant

relationship between the statements, but on this study the Pearson “г” is 0.076. On this statement

it shows that, there is significant relationship between the professionals in pharmaceutical

industry and engineering expertise.

Table 4.3.4 Combine Correlation Matrix for all the variables in the research questions

(Engineering Expertise in Neros, Neros’s firm Performance, Growth of Pharmaceutical Industry

and Professionals in pharmaceutical industry).

Combine Correlations Matrix


Engineering Neros’s firm Growth of Professional
Expertise in Performance Pharmaceutic in
Neros al Industry Pharmaceutic
al Industry
Pearson 1 .092 .076 .011
Engineering Expertise Correlation
in Neros Sig. (2-tailed) .391 .474 .915
N 90 90 90 90

53
Pearson .092 1 .091 .266*
Neros’s firm Correlation
Performance Sig. (2-tailed) .391 .392 .011
N 90 90 90 90
Pearson .076 .091 1 .153
Growth of Correlation
Pharmaceutical Industry Sig. (2-tailed) .474 .392 .151
N 90 90 90 90
Pearson .011 .266* .153 1
Professional in Correlation
Pharmaceutical Industry Sig. (2-tailed) .915 .011 .151
N 90 90 90 90
*. Correlation is significant at the 0.05 level (2-tailed).
Output of Statistical Package of Social Science (SPSS)

The table 4.3.4 has combine correlation matrix of the research statements (variables) in a box, to

show the Pearson correlation on each variable as it related to each other in a tabular form. Then

the matrix shows the “Engineering expertise in Neros and Neros’s firm performance” shows the

Pearson correlation of .092,” Engineering expertise and Growth of pharmaceutical industry”

shows .076, while “Engineering expertise and professional in pharmaceutical industry” shows

.011. These means that there is significant positive relationship between the professionals in

pharmaceutical industry and engineering expertise, also there is significant relationship between

the professionals in pharmaceutical industry and engineering expertise, and the growth of Neros

pharmaceutical firm does not depend on engineering expertise.

54
Table 4.3.5. Regression Analysis between dependent variable (Growth in pharmaceutical

industry and independent variable engineering expertise in Neros, Neros’s firm performance and

professional in Pharmaceutical industry).

Regression Analysis Output


Model Un-standardized Standardized t Sig.
Coefficients Coefficients
B Std. Error Beta
(Constant) 23.408 5.812 4.028 .000
Neros’s firm .092 .104 .098 .379 .382
Performance
Growth of .073 .105 .075 .291 .491
1 Pharmaceutical
Industry
Professional in .043 .098 .049 .436 .264
Pharmaceutical
Industry
a. Dependent Variable: Engineering Expertise in Neros
Output of Statistical Package of Social Science (SPSS)

According to table 4.3.5, the Regression output of the SPSS shows that there is no negative

relationship between the growth in pharmaceutical industry and Engineering expertise in Neros,

the Neros’s firm performance, professional in pharmaceutical industry at weak positive

relationship.

4.4 Discussion of Findings

55
The presentation and analysis of data in this chapter provides different information on the impact

of engineering expertise in the Growth of Pharmaceutical industry in Neros Pharmaceuticals Ltd

Nigeria. Various questions were asked in chapter four of this study in line with the research

question and considering the research study which focuses on the test of hypothesis one, two and

three. It was tested using Correlation Matrix technique and revealed that there is relationship

between engineering expertise and the growth of pharmaceutical industry in Nigeria, this

findings support the view of Kohn and Lembeck (2007), investigated and concluded that there is

relationship between engineering expertise and the growth of pharmaceutical industry in Nigeria.

Also test of hypothesis two shows that there is significant relationship between the professionals

in pharmaceutical industry and engineering expertise. The findings also corroborate the study of

Robin (2006) and Fapohunda (2012) they opined that, there is relationship between the

professionals in pharmaceutical industry and engineering expertise in pharmaceutical industry.

While the test of hypothesis three shows that the growths of Neros pharmaceutical firms depend

on engineering expertise. The findings also corroborate the study of Robin (2006) and

Fapohunda (2012) they opined that, the growth of Neros pharmaceutical firms depend on

engineering expertise.

In conclusion, findings showed that majority of employee in Neros pharmaceutical firm in Lagos

State favour the impact of engineering expertise in the Growth of Pharmaceutical industry in

Nigeria.

56
CHAPTER FIVE

SUMMARY, CONCLUSION AND RECOMMENDATIONS

5.1 Introduction

This research focused on the impact of engineering expertise in the Growth of Pharmaceutical

industry in Nigeria.

This final chapter is mainly designed to highlight the summary of findings, conclusion and

recommendations; the first chapter was devoted to the introductory part of the study while the

second chapter discussed extensively the literature review on the subject matter. Chapter three

discussed the research design and methodology, as well as the study population and the sample

size adopted. Finally chapter four showed the analysis and presentation of data, from the

questionnaires that were administered by the researcher and in addition presented the result of

the hypothesis postulated in the first chapter. Chapter five deal with the summary, conclusions,

recommendations and suggestions for further studies based on the outcome of findings from the

study.

5.2 Summary of Findings

This final chapter is mainly designed to highlight the summary of findings, conclusion and

recommendations;

57
From the data analysis and results in the preceding above, the findings are as follows:

1. Focusing between Engineering Expertise in Neros and Neros Firm Performance,

the study made findings that majority of the respondents were of the view that

there is relationship between engineering expertise and the growth of

pharmaceutical industry in Nigeria.

2. Also focusing between organizations’ Engineering Expertise in Neros and

Engineering Expertise and Growth of Pharmaceutical, the study made findings that

majority of the respondents agreed that there is significant relationship between

the professionals in pharmaceutical industry and engineering expertise.

3. In addition focusing between the Growth and Neros Firm Performance and

Engineering Expertise and Growth of Pharmaceutical, the study made findings

majority of the respondents were of the view that the growth of Neros

pharmaceutical firm depends on engineering expertise.

5.2 Conclusion

The rationale of this study was to examine the impact of engineering expertise in the Growth of

Pharmaceutical industry in Nigeria with specific considerations to selected the employee of Neros

Pharmaceutical firm Ltd, based on the results of the hypotheses tested the study concluded that

there is significant correlation between Engineering Expertise in Neros and Neros Firm Performance,

and also there is relationship between the Engineering Expertise in Neros and Growth of

Pharmaceutical, this states that there is relationship between engineering expertise and the growth

of pharmaceutical industry in Nigeria.

5.3 Recommendation

58
In light of this conclusion, the following were recommended for the Managers and employee of

Neros firm that:

1. There is relationship between engineering expertise and the growth of

pharmaceutical industry in Nigeria, this suggested that there is positive

relationship between Engineering Expertise in Neros and Growth and Neros Firm

Performance, pharmaceutical practitioners in Nigeria should partner with

Engineers in pharmaceutical industry to make the industry has a quick business

growth since the study has shown the relevance of Engineering expertise to the

growth of pharmaceutical industry.

2. There is significant relationship between the professionals in pharmaceutical

industry and engineering expertise; this suggested that there no negative

relationship between Engineering Expertise in Neros and Growth of Pharmaceutical

industry in Nigeria.

Suggestions for further studies

More research works can be devoted to this study through the use of other related textbooks and

journals. A different statistical tool may also be used in testing hypothesis. The topic will also

appreciate the review of the contributions of other professionals in this field.

59
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62
Appendix

UNIVERSITY OF LAGOS
MBA, POST GRADUATE STUDENT OF
DEPARTMENT OF PHAMACY
Questionnaire
Dear Respondent,

AN APPEAL TO COMPLETE QUESTIONNAIRE

This questionnaire is part of a research project to assess the impact of engineering expertise in

the Growth of Pharmaceutical industry in Nigeria, being carried out as part of the requirement

for the award of the Master of Business Administration (MBA) Degree.

The research questionnaire is strictly for academic purpose and all information collected will be

treated with strict confidentiality.

Thanks for your co-operation

INSTRUCTION: Please tick [ ] as appropriate the box for your response in this part.

1. Gender: Male [ ] Female [ ]

2. Age: Below 30 yrs [ ] 30-40 yrs [ ] Above 41 yrs [ ]

3. Marital Status: Single [ ] Married [ ] Separated [ ] Widow [ ]

4. Educational Qualification: O’level/WACE [ ] NCE/OND [ ]

HND/BSC [ ] others [ ]

5. Duration of Service: Below 5 yrs [ ] 5-10 yrs [ ]

11-15 yrs [ ] 16-20 yrs [ ]

63
21 yrs and above [ ]

6. Average monthly income: N50,000 below [ ] N51,000-N100000 [ ] N101,000-


N150,000 [ ] N151,000 and Above

Please tick (X) as appropriate, the extent to which you agree with the questions below.

Key: SA: Strongly Agree, A: Agree, U: Undecided D: Disagree, SD: Strongly Disagree

Response from the staff of Neros Pharmaceutical Nigeria Limited

Assess the impact of engineering expertise in the Growth of Pharmaceutical industry in Nigeria

S/N VARIABLES SA A SD D U

5 4 3 2 1
Engineering Expertise in Neros

1 There is need for the Engineering expertise in pharmaceutical


firms include Neros.
2 Impact of Engineering Expertise in Pharmaceuticals industry is
un-avoidable.
3 There is less needs for engineering expertise in Neros
pharmaceutical firm.
4 The expertise of the engineers handling virtually every section of
company the design and execution in Neros company.
5 Without engineering expertise, there is no productivity in
pharmaceutical firms in Nigeria.
6 Profitability of Neros firm depends on the effectiveness of
engineering expertise.
7 Engineering expertise enhancing the performance of Neros
company.
Neros Growth in Pharmaceutical Industry

8 For some years Neros Pharmaceutical firm recorded tremendous


business growth in Nigeria

64
9 pharmaceutical industry in Nigeria has witnessed tremendous
growth in Nigeria both technologically and human capacity
10 Neros pharmaceuticals company has met the World health
organization standard in Nigeria
11 Neros pharmaceutical company is one of fastest growing firm in
Nigeria
12 For some years back, the performance of Neros pharmaceutical
firm has performed impressively in pharmaceutical industry.
13 For some years now, some pharmaceutical company have not
record any growth in pharmaceutical industry.
14 Neros records less growth in some years back to this time.

Growth of Pharmaceutical Industry

15 The pharmaceuticals companies have met the World health


organization standard in Nigeria.

16 Empirical modeling of technological changes as well as the


identification of market power in pharmaceutical industry

17 The engineers have designed a technology known as Electronic


Health Records that enables patients to get more involved in their
treatments

18 Nowadays Engineers are involved in more research and


development than before

19 Medical progress by researching, developing and bringing new


medicines that improve health

20 Medical progress by researching, developing and bringing quality

of life for patients around the globe

21 Some local drug manufacturers are currently upgrading their


facilities to comply with WHO

Professional in Pharmaceutical Industry

65
22 Many pharmaceutical companies are driving at meeting the
required standards by using advanced equipment and Expertise
Engineers.

23 Engineering Expertise play a key roles in the growth of Nigeria


pharmaceutical industry.

24 Major local drug manufacturers are driven by the engineering


skilled workers.

25 To achieve great feats by the pharmaceutical firms, engineering


expertise engaged in great impact in their growth.

26 The challenges facing the Pharmaceutical industry in Nigeria as a


result of the non-inclusion of Engineers

27 Benefit for engineers and professionals in the industry increase

their performance for the betterment of the industry as whole

28 Pharmaceutical industry is a key asset to global economy

66

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