Approximately 8% of medications in Armenia are manufactured locally

| By | Armenia, Drug Import, Drug Manufacturing
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Approximately 8% of medications in Armenia are locally produced, while the remaining are imported. Hakob Topchyan, director of the Medication and Medical Technology Expert Center of the Healthcare ministry informed that Armenian-made drugs are exported to Moldova, Russia, Belarus, Tajikistan, Uzbekistan, Kazakhstan and Georgia.

“Armenia is a medicine importing country. The medicines available in the market are mainly imported from different countries such as Russia, India, Ukraine, Belarus, European countries, USA and others,” said Mr. Topchyan.

According to Varduhi Grigoryan, head of the Medication Policy and Medical Technology Department of the Healthcare ministry, five pharmaceutical companies are operating in Armenia. The entire process of pharmaceutical production in Armenia is carried out in compliance with legislative regulations.

“The certificates on duly activity entitles medicine producers to increase exports and raise quality,” commented Mrs. Grigoryan.

The healthcare official assured that medications manufactured in Armenia are as good as imported pharmaceuticals in terms of quality.

“When a tender is announced under governmental procurements, nearly 20% of our procurements comprise local production, which are distributed to the population, for example anti-diabetic, psychotropic, and we don’t have any problems with quality,” said Mrs. Grigoryan.

According to Mrs. Grigoryan the difference between imported and locally produced drugs is the price. The price of imported medicine increases as result of VAT.

The Armenian healthcare ministry carries out monthly updates and research of the registered medications.

SOURCE: armenpress
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