China-invested joint venture boosts Kazakhstan’s pharmaceutical industry

Kelun-Kazpharm, located in outskirt of Almaty, Kazakhstan, is a Sino-Kazakh pharmaceutical joint venture controlled by a Chinese private company. Since put into operation in July 2014, the venture has not only boosted Kazakhstan’s pharmaceutical industry, but also brought win-win prosperity to Central Asia at large. As a production plant of Sichuan-based Kelun Pharmaceutical, it has…

Accessibility to new and effective medicine in Latvia is the poorest in Europe

In terms of accessibility and compensation of new and effective medicine, Latvia is on the last place among EU member states, according to Patients W.A.I.T. Indicator published by European Federation of Pharmaceutical Industries and Associations at the end of April. According to the study, patients’ accessibility and state compensation for new medicine in Europe varies…

Minister says French companies wishing to invest in Armenian pharmaceutical and food industries

French companies expressed interest in investing in Armenia’s pharmaceutical and food industries, Minister of Economic Development and Investments Suren Karayan told journalists after a regular Cabinet session today. He said meetings were held with potential French investors during President Sargsyan’s visit to France earlier this month. “I would not like to go into the details,…