Iraq showed its keenness in medicines made in Armenia | ||
18/06/2013 | ||
Zakarian also told that Iraq has shown great interest in US medicines. Though, the company is in query of a confirmation of manufacturing standards, while GMP certificates will become such a confirmation. He also stated that there has been a 14-17% annual growth in the pharmaceutical industry in recent years. On the context of increasing medicine prices, he stated that from past 6 months, the global prices have varied hardly; only 3 to 4 percent growth has been noted in some cases. The union chairman linked the rise in prices of some drugs with seasonal diseases, for example, the prices of anti-allergy medicines tend to go up in the summer. According to him, the turnover of counterfeit and unregistered medicines does not exceed 4% in Armenia. He remarked that such counterfeit and unregistered medicines are brought in bags from Georgia, with a exempt of 20% VAT. Such medicines are creating market value differences between Armenian and Georgian medicines. | ||
Last Update:: 18/06/2013 | ||
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