  USD 1bln needed for production of one branded medicine  June 8, 2011 - 12:59 AMTPanARMENIAN.Net - GXP Center of Excellence Director, Editor-in-Chief of Pharma magazine Aram Ghazaryan said active development of the pharmaceutical field has started in Armenia since its independence. According to him, huge investments were made to the field during this period. Ghazaryan noted that 14 companies operate in Armenia, while their output is sold in both local and foreign markets, specifically, of the CIS countries. He added that the quality of locally produced medicines is in compliance with international standards. Almost all types of medicines are currently produced in Armenia, but USD 1bln is needed for production of one branded medicine, said Chairman the Union of Armenian Medicines Producers and Importers Samvel Zakaryan.   5 08.06.11 - Press conference of Armenia's Medicine Producers and Importers Union CEO Samvel Zakaryan and chief editor of Pharm magazine Aram Ghazaryan       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 Scholz hopes Armenia-Azerbaijan peace treaty will be signed this year  German Chancellor Olaf Scholz hopes that a peace treaty between Armenia and Azerbaijan will be signed this year.Ucom equips four bus stops in Ijevan with free Wi-Fi Ucom now provides free Wi-Fi coverage in smart bus stops in four communities of Ijevan.Armenians stage more campaigns against territorial concessions to Azerbaijan Protesters blocked more roads across Armenia on Friday, April 26 in continuing attempts to scuttle territorial concessions to Azerbaijan.Czech-Armenian military cooperation discussed in Yerevan A delegation led by the Director General for the Industrial Cooperation Division of the Ministry of Defence of the Czech Republic visited Armenia. |
