 Local medicines cover only 10% of Armenian market March 3, 2011 - 16:21 AMT PanARMENIAN.Net - Director of Likvor CJSC Sergey Matevosyan said that local medicines cover 10% of the Armenian pharmaceutical market. “We should conceive that pharmaceutics is a strategic field and it should be developed in Armenia,” Matevosyan said after a visit to the company’s new industrial unit with Armenian Minister of Economy Tigran Davtyan. Matevosyan added that Likvor company operates for 20 years and is the leader in medicines production in the Armenian market. According to him, 35% of the company’s output is exported to eight countries, while the new unit’s launch will allow expanding the export volume and geography. Matevosyan reported that the new building’s construction started in September 2009 and the basic construction works are finished. According to him, the estimated cost of the project makes around $3.5-4mln, most of which has been already invested. The emergency response team of the Armenian government approved an AMD 900mln lax credit to the company in 2009, of which the company has already received 400mln, while the third tranche at the amount of AMD 150mln will be transferred soon.   Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion.   Partner news |  Latest news About 32,000 rally in Yerevan to deman Pashinyan’s resignation  About 31,700 people attended an opposition rally on Thursday, May 9 in Yerevan demanding the resignation of Prime Minister Nikol Pashinyan.Armenian, Azerbaijani Foreign Minister to meet in Almaty Armenian Foreign Minister Ararat Mirzoyan and his Azerbaijani counterpart Jeyhun Bayramov will meet in Almaty.Viva-MTS: Tech solutions to modernize infrastructure of border village The border village has been the focus of Viva-MTS and the Foundation for the Preservation of Wildlife and Cultural Values since 2015.Ucom's fixed network launched in Artashat To mark this occasion, the company has introduced a special offer exclusively for Artashat residents. |
