Business news from Ukraine

INTERCHEM LOCALIZES PRODUCTION OF THREE MEDICINES IN KAZAKHSTAN

10 August , 2017  

KYIV. Aug 10 (Interfax-Ukraine) – Double liability company Interchem pharmaceutical company (Odesa) has localized production of three medicines on the basis of Kazakhstan’s Viva Pharm limited liability partnership. The medicines will be presented on the Kazakh market.
Medical Director of Viva Pharm Botagoz Mashkeyeva told Interfax-Ukraine that soon Tilaxine antiviral pills will be made at the production facilities of the Kazakh pharmaceutical plant. It is known as Amixin in Ukraine. The Kazakh plant will also produce Hidazipam VIC antianxiety drug (pills and sublingual tablets) and Morphine sulfate VIC pain reliever (pills).
Mashkeyeva said that at present the companies are working on localization of some more medicines, including several antianxiety drugs, antiepileptic drugs and medicines to treat severe pain syndrome.
She said that the government policy to support local manufacturers is being implemented in Kazakhstan. It says that the transfer of medicine production technologies to Kazakhstan brings more benefits than imports of finished medicines.
“In the past years this triggered development of local pharmaceutical production, allowed creating a large number of highly paid jobs and increased availability and affordability of modern and efficient medicines,” she said.
In turn, Deputy Director General of Interchem for Marketing Iryna Hranatiuk said that along with the transfer of technologies and supplies of substances for production, Ukrainian specialists are participating in pharmaceutical designing of the quality system for all production stages.
“We are cooperating with colleagues from Kazakhstan for many years. The country’s market is dynamically developing and showing stable growth. Taking into account the Kazakhstan’s government policy stimulating local medicine production it was decided to organize production of some popular medicines there. The main thing for us was the issue of retaining the quality of our medicines. We have managed to find a partner to localize production, which, we are sure, would provide for stably high quality of products,” she said.
Interchem is one of the leading Ukrainian producers of medicines and pharmaceutical substances. It is included in the top ten manufacturers of medicines. The share of own production reaches 2% of the total market in the country.
Viva Pharm has been operating on the Kazakh market for 18 years.