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USAID Attaches Importance To Assistance To Armenia's Pharmaceutical

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  • USAID Attaches Importance To Assistance To Armenia's Pharmaceutical

    USAID ATTACHES IMPORTANCE TO ASSISTANCE TO ARMENIA'S PHARMACEUTICAL INDUSTRY

    Noyan Tapan
    Dec 1, 2009

    YEREVAN, DECEMBER 1, NOYAN TAPAN. The Second Armenian Pharmaceutical
    Competitiveness Conference was held in Yerevan on December 1 on the
    initiative of the USIAD-financed Competitive Armenian Private Sector
    (CAPS) Project. Among organisers were RA Ministry of Healthcare,
    RA Ministry of Economy, the Scientific Center of Drug and Medical
    Technology Expertise, the Union of Medicine Producers and Importers
    of Armenia, the National Competitiveness Foundation, and the Armenian
    Development Agency.

    Chairman of the National Assembly Standing Committee on Healthcare
    Affairs Ara Babloyan said in his speech that the purpose of the
    conference is to discuss the current situation in the sector and its
    development prospects. In his words, since the 1990s the sector has
    proceeded along a considerable path and with great difficulty it has
    become possible to provide the market with domestically made drugs
    to a minimum extent. He added that however, the state now must set
    itself the goal of providing the population with safe, high-quality
    drugs at reasonable prices, and it must also create conditions,
    under which locally made drugs would be competitive.

    Director of the USAID/Armenia Economic Growth Office David Hull said
    that in 2004-2007 Armenia's pharmaceutical sector grew by 51%. The
    USAID attaches importance to assistance to the pharmaceutical industry
    of Armenia because domestically produced drugs significantly contribute
    to availability of the major drugs and their lower prices.

    Besides, under the CAPS Project, assistance is being provided in
    order to bring the sector into line with international standards
    and form a proper legislative field. He underlined the importance of
    Armenian drugs being in line with international standards as it will
    help enhance the sector's competitiveness and promote exports.
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