$74M to be invested in Azerbaijan’s first medicine plant

The Azerbaijani-Russian joint pharmaceutical plant will come to full production capacity in 2020, said Azerbaijan’s Economy Minister Shahin Mustafayev. He made the remarks Nov. 2 during the plant’s groundbreaking ceremony in the Pirallahi Industrial Park. This is Azerbaijan’s first pharmaceutical plant, said the minister, adding that a 10-percent share in the joint venture will be…

Kazakhstan and Hungary signed memorandum on expansion of pharmaceutical production

Within the framework of the Kazakh-Hungarian business forum the «Kaznex Invest» JSC, the JSC “International Research and Production Holding “Phytochemistry” and Hungarian company «PannonPharma LTD» signed a memorandum of understanding on organization and expansion of the production of original medicinal drugs based on plant matter in Karaganda. “Today we produce about 2 million ampules, about…

Global Pharmaceutical Regulatory Affairs Summit

Informa Life Sciences’ Global Pharmaceutical Regulatory Affairs Summit, taking place on 27th – 29th October 2015 in Berlin, Germany, combines two previously separate events, ‘Regulatory Affairs in Emerging Markets’ and ‘Global eSubmissions’ to bring you increased networking and 3 highly focussed streams. Stream 1: Regulatory Affairs in Russia, CIS, Turkey and MENA Stream 2: Regulatory…

Medicinessafety monitoring : StatusandProspects

Based on the WHO definition pharmacovigilance is “scientific research related to the detection, assessment, understanding and prevention of adverse reactions or any other problems associated with medical drugs.” The ” thalidomide tragedy” caused creation of pharmacovigilance in EU. During just a few years of existing on the drug market, thalidomide became the cause of birth…

Changes in pricing of medical products

Belarus: Decree no 228 of 21 June 2016 establishes new rules for pricing of pharmaceuticals, medical devices and medical equipment (“medical products”). The new rules entered into force on 1 July 2016. We are glad to introduce you the most important changes. 1. Sale prices of medical products produced in Belarus and estimated sale prices of…