A Groundbreaking Collaboration at IATF2023

A Groundbreaking Collaboration at IATF2023.

13 NOVEMBER 2023 – Announcing a groundbreaking collaboration at the #IATF2023, Afreximbank has inked a Project Preparation Facility Agreement with Innovative Biotech Limited. This venture aims to propel IBL to the forefront of healthcare innovation, marking a notable advancement in the industry.

Innovative Biotech Limited’s visionary project unfolds with the establishment of a state-of-the-art vaccine manufacturing facility in Keffi, Nasarawa State, Nigeria. Operating under stringent Current Good Manufacturing Practice (“cGMP”) regulations, this facility is designed to produce a range of vaccines, from Typhoid and Rotavirus to Pentavalent/Hexavalent formulations. Future aspirations extend to the production of critical vaccines like Coronavirus 19 (“COVID-19”), HIV, Ebola, HPV, and Lassa, with an anticipated annual production capacity of an impressive 225 million doses.