Introduction of good manufacturing practice standard will increase export of Armenia-made medicines
05.11.2012,
20:19
Introduction of Good Manufacturing Practice (GMP) standard in Armenia will increase the output and export of locally produced medicines by 2-3 times, Samvel Zakaryan, the head of the Union of Medicine Producers and Importers, told reporters on the sidelines of
of the fourth informal meeting of heads of local pharmaceutical companies, held in the resort town of Tsakhkadzor November 3-4.
of the fourth informal meeting of heads of local pharmaceutical companies, held in the resort town of Tsakhkadzor November 3-4.
YEREVAN, November 5. / ARKA /. Introduction of Good Manufacturing Practice (GMP) standard in Armenia will increase the output and export of locally produced medicines by 2-3 times, Samvel Zakaryan, the head of the Union of Medicine Producers and Importers, told reporters on the sidelines of
of the fourth informal meeting of heads of local pharmaceutical companies, held in the resort town of Tsakhkadzor November 3-4.
The GPM standard for pharmaceutical companies will be introduced in Armenia from January 2013. The Ministry of Economy will be inspecting these companies to verify their compliance with GPM standards.
"Today nearly half of Armenia-produced pharmaceutical products are exported to the CIS countries, and the introduction of GPM standard will open the door to the European markets as well. We expect it to help boost exports by 2-3 times," Zakaryan said.
According to the National Statistical Service of Armenia, the pharmaceutical sector posted a 5.3% rise in the first nine months of this year from a year earlier. The total production in that time span made about 2.7 billion drams.
In the reporting period pharmaceuticals sales made 2.6 billion drams, a 12.3% growth compared to the same period of 2011, including 935.2 million drams worth products sold in former Soviet republics
Health minister Derenik Dumanyan said only three or four Armenian pharmaceutical companies will be able to obtain corresponding European certificates by next March or April, and their products will meet the international requirements.
The minister noted there are other fourteen manufacturers of drugs in the country that need to work actively to make their products meet these standards.
The informal gathering was attended by economy and health ministers Tigran Davtyan and Derenik Dumanyan. The event was organized by the Union of Manufacturers and Importers of Medicines, the Ministry of Health and the Ministry of Economy, with the support of EDMC / USAID). ($ 1 - 405.96 drams). -0-
