History

  • In 1962, Pharma-Deko Plc started in Nigeria as Parke-Davis & Company (US) operating a non-trading branch in Nigeria to promote its range of Quality Pharmaceutical products.
  • In 1969, The Company was incorporated under Nigerian law as PARKE-DAVIS & Co (NIG.) LTD., a private company. Prior to this, the company imported and distributed its product using appointed agents.
  • In 1972, following the promulgation of the Nigerian Enterprises Promotion Decree 40% Shares were sold to Nigerian Citizens and associations. The company operated under the name PARKE-DAVIS for this period.
  • In 1977, the newly incorporated company took over the importation and distribution of its products.
  • In 1980, the company formerly known as PARKE-DAVIS & CO (NIG) LTD. Changed its name to PHARMA DEKO LIMITED, and in pursuance of the Companies and Allied Matters Decree of 1990, is now known as PHARMA DEKO PLC to date.
  • In 1995, PHARMA DEKO PLC in a bid to entrench itself in the heart of Nigeria’s consumer economy, expands its market share and increase its bottom-line, researched, development and introduced SANS CREAM SODA a sugar-free, healthy drink targeted at high net-worth individuals in addition to its Pharmaceuticals.
  • SANS CREAM SODA carved a niche for itself and a sizable share of the Nigerian drinks market, being the first locally manufactured and only surviving sugar-free cream soda in Nigeria, contributing over 70% of the company’s turnover yearly.
  • In 1999, Pharma Deko became the first pharmaceutical company in Nigeria to be ISO Certified.
  • In 2003, the company introduced other support brands like Dextra Energy, Dextra Black Currant Drinks and Bien Flavoured Water in different flavours (Apple, Peach, Guava, Banana & lime and Tropical Blend). All of these playing in the different segment of the Nigerian drinks market added up, tripling the companies turnover in 2003.
  • In 2005, the company acquired the property housing former Wiggins Teape as part of a strategic expansion plan
    PHARMA DEKO PLC is a dynamic company with competencies in its area of core business, this is evident in the awards and achievements.
  • Pharma Deko is the first company to research, develop and manufacture a SUGAR-FREE CREAM SODA and FRUIT FLAVOURED WATER in the Nigerian Drinks Market (1995/2000).
  • Pharma Deko was the first Pharmaceutical Company in Nigeria to be ISO CERTIFIED (NIS ISO 9001) 12th may, 1999 Certificate No. 0000020.
  • The first company to install a canning line to can its products in Nigeria (2003).
  • The only company engaged in the manufacture of suppositories in Nigeria (Phardol Suppository brands of paracetamol) administered rectally and Anuproct plain and Anuproct+ brands of Anti-Hemorrhoidal drugs) 1990s.
  • Winner of the Nigerian Stock Exchange 27th Presidential Merit award for the financial year 2003, in the Healthcare/Chemical & paint Sector.