Azerbaijan will launch the construction of several pharmaceutical plants soon, Shahin Mustafayev, Azerbaijani minister of economy, reported. Mustafayev added that at present, Azerbaijan was holding talks on the cooperation in field of pharmaceutics with a number of countries. “The talks on joint medication production are being held with Iran, Turkey and a number of European…
The Azerbaijani-Russian joint pharmaceutical plant will come to full production capacity in 2020, Azerbaijan’s Economy Minister Shahin Mustafayev said. He made the remarks during the plant’s groundbreaking ceremony in the Pirallahi Industrial Park. This is Azerbaijan’s first pharmaceutical plant, said the minister, adding that a 10% share in the joint venture would be owned by…
The implementation of the imports replacement concept in the Ukrainian pharmaceutical sector is possible with the approval of the strategy for attracting foreign investment, President of the Association Manufactures of Medications of Ukraine (AMMU) Petro Bahriy has said. “The foreign direct investment attraction concept for the Ukrainian pharmaceutical sector should be drawn up, not the…
Ukraine’s Health Ministry has signed a medicine procurement agreement with Britain’s Crown Agents to use 2016 budget funds. Crown Agents reported that the agreement was signed on October 27. Soon it would be specified under what programs and what cost of the procurement would be. On November 6, 2015 the agency signed a contract with…
Ukraine’s biggest pharmaceutical company Indar plans to build a medicine plant in Azerbaijan, Ukrainian Ambassador to Azerbaijan Alexander Mishchenko said. He made the remarks on October 20,during a tourism forum in Baku. Mishchenko noted that the company was in negotiations in Azerbaijan and the share in the enterprise would be divided 50-50. (Trend/Business World Magazine)
Belarus and India are working hard to advance cooperation in pharmaceutics, the Chairman of the Council of the Republic of the National Assembly of Belarus Mikhail Myasnikovich reported. The senator took part in the festivities timed to the opening of a research center of the pharmaceutical company SOOO Nativita in Beshenkovichi, Vitebsk region. Speaking about…
Ukrainian pharmaceutical company Farmak plans to register its products in Malaysia by late 2018, Farmak Business Development Director Oleh Siarkevych reported. He said that first the company intended to bring its strategic products to new markets, in particular, insulin and Amizonum created by the company. In addition, the company plans to offer its ophthalmological portfolio…