The pharmaceutical company Farmak (Kyiv) stands for mutual recognition of the results of good manufacturing practice (GMP) checks in production of medicines within the framework of the Ukraine-EU industrial dialogue. “A key prerequisite for realizing cooperation opportunities between the Ukrainian and European pharmaceutical sectors is to update the scope of the future ACAA agreement (Agreement on Conformity Assessment and Acceptance of Industrial Goods) with the EU. First of all, to include provisions on the mutual recognition of the results of audits of good manufacturing practice in the pharmaceutical sector (GMP),” Yevhenia Piddubna, the director for corporate communications at Farmak, told Interfax-Ukraine.
She also noted the high potential for the participation of the Ukrainian pharmaceutical industry in the diversification of European supply chains for critical medicines in the face of the COVID-19 pandemic.
Farmak is one of the oldest pharmaceutical companies in Ukraine, specializing in the production of modern high-tech drugs. At the company’s production sites, a pharmaceutical quality system has been introduced and it is constantly being improved in accordance with the current regulatory requirements and in accordance with international standards: ISO, GMP (Good Manufacturing Practice). The company undergoes several international inspections and audits annually.
The company is included in the top 100 largest taxpayers in Ukraine. In 2020, Farmak paid taxes totaling more than UAH 712 million, including UAH 120 million to the Kyiv city budget.
Farmak is a member of the Manufacturers of Medications of Ukraine association.
The Affordable Loans 5-7-9% program will show results in the coming month as small and medium-sized businesses need such loans following the recent lockdown restrictions, Prime Minister of Ukraine Dents Shmyhal has said. “I am sure this program [Affordable Loans 5-7-9%] will show results literally in the coming month and this more than UAH 30 billion is exactly the borrowing base which could be refinanced this year,” he told reporters.
The prime minister also said that the government is ready to continue implementation of this program next year as well.
Ukrainian President Volodymyr Zelensky is waiting for a report of Director of the National Anti-Corruption Bureau of Ukraine (NABU) Artem Sytnyk and Head of the Specialized Anti-corruption Prosecutor’s Office (SAPO) Nazar Kholodnytsky about investigation of top corruption cases.
“Law enforcement reform, overcoming corruption and judicial reform, and the first priority is elite corruption and organized crime. Three months ago I met with the leaders of NABU and SAPO. I would like to hear from them about the results of joint work on the prosecution of top corrupt officials,” Zelensky said at a meeting with the leadership of the Verkhovna Rada, the Cabinet of Ministers of Ukraine and law enforcement officials in Kyiv on Monday.
According to the president, one of the priorities in preventing corruption is the disclosure of environmental crimes.
“Environmental crimes. I demand a report from the heads of the SBI [the State Bureau of Investigations], Security Service of Ukraine, the National Police on the fight against the amber mafia, illegal deforestation, and predatory mining of minerals that belong to all the Ukrainian people,” he said.
International markets positively responded to the results of early elections to the Verkhovna Rada of Ukraine: eurobonds grew by 1 percentage point (p.p.), warrants by 2 p.p., up to 77.5% of the nominal value, Serhiy Fursa, a specialist for the sale of debt securities from Dragon Capital investment company, has told Interfax-Ukraine.
“International markets are responding positively, the price of all eurobonds is rising. GDP warrants, which rose by 3.3% to a historical maximum, showed the largest growth. It seems that the expectations of economic growth and hryvnia expectations among foreigners have increased,” Oleksandr Paraschiy, the head of the analytical department at Concorde Capital investment company, said.
According to him, Western investors like the idea of consolidating power in the same hands: at least, this means an end to political instability, and also gives a chance for quick pro-Western reforms. The analyst added that foreigners are not very afraid of the risk of usurpation of power: the situation when one political force forms a government looks familiar and acceptable for Western countries.
On Wednesday, July 10, at 10.30, the press center of the Interfax-Ukraine news agency will host a press conference by UTG entitled “Half-Year Results in Real Estate Market of Ukraine 2019: Main Trends and Challenges.” Participants: UTG Director Yevhenia Loktionova, head of the strategic consulting department at UTG Kostiantyn Oliynyk, deputy head of the strategic consulting department at UTG Oksana Havrylevych (8/5a Reitarska Street). Accreditation of journalists by phone: +38 067 216 4343, +38 044 537 2364, or by e-mail: firstname.lastname@example.org.
On Tuesday, July 9, at 10.00, the press center of the Interfax-Ukraine news agency will host a press conference entitled “Results of Exports of Fresh Fruits and Berries in 2018-2019. Forecast for Harvest (and Ukrainian Exports) for 2019-2020 Season.”
Participants: Dmytro Kroshka, the chairman of the Ukrainian Association of Agrarian Export, Volodymyr Hurzhiy, an expert for exports at First Ukrainian Apples Producers Aggregating Company USPA FRUIT, Oleksandr Yaschenko, the deputy director for research of the Institute of Horticulture, and Oleh Bosy, the agricultural technologist and managing partner of FruiTech (8/5a Reitarska Street). Registration of journalists requires press accreditation.