Business news from Ukraine

GOVERNMENT PERMITS BIOFARMA TO EXPORT BLOOD PRODUCTS, APPROVES EXPORT VOLUME

26 May , 2015  

KYIV. May 25 (Interfax-Ukraine) – The Cabinet of Ministers has approved the proposal of the Health Ministry to permit PJSC Biofarma in 2015 to export donor blood components and products manufactured from blood and its components.

Corresponding decree No. 522-r dated May 25 has been posted on the website of the government.

According to the decree, donor blood products and its components are sold under the list and volume approved by the Cabinet.

As reported, on May 14 company with foreign investment PJSC Biofarma said that it intended to stop the production of drugs within seven days due to its inability to obtain government approval to export finished blood products under previously signed contracts. Biofarma Board Chairman Oleksandr Makovsky said that this concerns contracts for the supply of blood products worth a total of $7 million to Mongolia, Vietnam, Azerbaijan, Kazakhstan, and Belarus.