Medicine prices in Georgia drop by 30-40%
Prices for nearly half of all medicines in Georgia have fallen by approximately 30-40% in 2025 following the implementation of a state-mandated price cap.
pharmacy
Kuban pharmaceutical production grows
Krasnodar pharmaceutical companies increased the production of pharmaceutical and medical products by 40% in January 2025
Iran unveils new isotope for cancer treatment
The Atomic Energy Organization of Iran is concentrating on the production of stable isotopes and the development of the energy sector, Iran’s Vice President and the AEOI chief …
Counterfeit drugs from illegal pharmacies killed children in Kuban
A criminal group that created a network of pharmacies selling obviously counterfeit medicines was exposed in Kuban
Georgia saved $13 mln on medicines
Thanks to Georgia's pharmaceutical reform, citizens of the country managed to save $13 million on the purchase of medicines
Saudi Arabia aims for global dominance in biotechnology
The market size of the pharmaceuticals industry in Saudi Arabia reached $8.6 billion
Saudi pharmaceutical market to become as big as Egypt and UAE combined
The Saudi pharmaceutical market is worth about $8 billion, according to Samer Lezzaiq, Bayer’s managing director for Saudi Arabia. The market is estimated to touch $11 billion in 2026, almost as big as Egypt and the UAE combined, …
Saudi Arabia to spend $ 3.4 bln on development of its own pharmaceutical industry
Saudi Arabia has decided to invest $3.4 bln to develop its own pharmaceutical industry, the Minister of Industry and Mineral Resources of the Kingdom of, Bandar Al-Khorayef said, the Saudi Press Agency reports. According to …
What to do with Iranian medicines?
Iran’s medicine production capacity exceeds domestic demand
Azerbaijani pharmacies may be exempt from VAT
At present the Azerbaijani authorities are considering the possibility of exempting pharmacies from paying VAT, the Deputy Prime Minister of the Republic, Ali Ahmadov, said. He noted that in some countries …