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Armenian Pharmaceutical Company "Arpimed" Intends To Increase Its Pr

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  • Armenian Pharmaceutical Company "Arpimed" Intends To Increase Its Pr

    ARMENIAN PHARMACEUTICAL COMPANY "ARPIMED" INTENDS TO INCREASE ITS PRODUCTION BY 30% IN 2011 MAKING 650 MILLION DRAMS

    / ARKA /
    May 2, 2011
    YEREVAN

    YEREVAN, May 2. /ARKA/. Armenian pharmaceutical company "Arpimed"
    intends to increase the volume of its production by 30% in 2011 making
    650 million drams, said General Director of the company Vachagan
    Ghazaryan on Monday to the journalists.

    "In 2010 we invested $1.5 million in the production which will allow
    us to increase the production volume by 30%, introduce 30 new types
    of products and expand the consumption market", he said.

    The production volume has been already increased by 15% compared with
    2010 making 120 million drams.

    In 2010 the company exported 40% types of products and the rest was
    sold in the local market. In 2011 the company plans to increase this
    indicator to 50%.

    "This year we will start producing 30 new types of products, which
    are now at the stage of registration for export to Ukraine, Belarus
    and Georgia", said Ghazaryan.

    "Arpimed" registered about 40 types of medicine but they are not yet
    exported due to the situation in these countries.

    Pharmaceutical company "ARPIMED" was established in 2001 by
    the project of European specialists, produces pharmaceuticals,
    preventive and therapeutic medicines used in dentistry, antiseptic
    and disinfectant solutions, diagnostic and cosmetic products and drugs
    for use in veterinary practice. Today the company produces 147 types
    of medicaments. ($1 - 370.27 drams).




    From: A. Papazian
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