Government Encourages Further Pharmaceutical Industry Growth


News: Exports of pharmaceutical products from Armenia have been growing at a rate of 35% per annum due to the support offered to the industry by the government, according to Armenia's Prime Minister Tigran Sargsyan. Sargsyan announced that the pharmaceutical industry has been included in 11 priority areas by the government in a bid to boost further development by introducing new standards and opening up new markets. The production of pharmaceutical products in Armenia rose 29.9% to AMD5.28bn (US$12.75mn) in 2013.

This article is tagged to:
Sector: Pharmaceuticals & Healthcare
Geography: Armenia

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