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Director Of A. Mnjoyan Institute Of Fine Organic Chemistry: Governme

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  • Director Of A. Mnjoyan Institute Of Fine Organic Chemistry: Governme

    DIRECTOR OF A. MNJOYAN INSTITUTE OF FINE ORGANIC CHEMISTRY: GOVERNMENT MUST STIMULATE PRODUCTION OF DRUG SUBSTANCES IN ARMENIA

    arminfo
    Tuesday, December 4, 12:52

    A. Mnjoyan Institute of Fine Organic Chemistry (IFOC) has launched
    development of several drug substances for local pharmaceutical
    enterprises. Director of the Institute of Fine Organic Chemistry,
    Scientific-Technological Center of Organic and Pharmaceutical
    Chemistry, Armenian National Academy of Sciences, Doctor of Science,
    Chemistry, Professor Vigen Topuzyan made such statement to ArmInfo.

    He said that the local pharmaceutical enterprises produces medical
    preparations using imported substances, while the Institute is able
    to launch such production independently. In addition, fine chemicals
    can be stored for dozens of years, while substances like medical
    preparations have expiry date. The Institute needs government's
    investments to create raw materials base. The Institute has 20-25
    promising fine chemicals that need pre-clinical and clinical testing,
    which requires solid financing, he said.

    Topuzyan said that A. Mnjoyan's IFOC cannot work at full capacity
    because the government allocates only 200 million drams (nearly
    $500,000) annually to the Scientific-Technological Center of Organic
    and Pharmaceutical Chemistry, Armenian National Academy of Sciences,
    with 70% of the government financing being salary costs. 260-270 out
    of 310 employees at the Center are research fellows. IFOC and other
    institutes of the Center, such as the Molecular Composition Research
    Center and Organic Chemistry Center, have many ideas in applied and
    fundamental sciences that can bring significant results, Topuzyan said.

    At the same time, the production unit at IFOC issues medical
    preparations Gangleronum (registered in Armenia Ukraine, Georgia,
    registration process launched in Russia), Dithylin (registered in
    Armenia, Ukraine and Belarus) and Tiodin (registered in Armenia).

    Puphemidum will be introduced in the Russian market shortly. A new
    medical preparation used in case of burns and a complex substance
    for treatment of some diseases of the nervous system is currently
    being prepared.

    Topuzyan said that it took 7 months to produce enough drugs to satisfy
    demand in the market in 2011. In the remaining period of time the
    production unit was engaged in development of drug substances. He said
    that in 2011 the production volumes at IFOC totaled nearly 80 million
    drams (some $200,000), while in 2010 the annual production fell to 50
    million drams due to low demand and the financial crisis. At present,
    IFOC has achieved last year's indicator and envisages production of
    substances for another 15 million drams for the Ukrainian market.

    Director of A. Mnjoyan IFOC said that they are open for reasonable
    investment offers and against the "investors pursuing appropriation
    of the institute's assets in the spirit of the privatization of
    the mid-90s."

    A. Mnjoyan Institute of Fine Organic Chemistry of the
    Scientific-Technological Center of Organic and Pharmaceutical
    Chemistry, Armenian National Academy of Sciences, was founded in
    1955 and was one of the leading center of Soviet pharmacology and
    pharmaceutics. The Institute was founded by the efforts of academician
    Armenak Mnjoyan. In early 90s, the Institute's financing was suspended
    and the markets were lost. Nevertheless, over the last 5 years the
    scientists of the Center public 520 research works in the research
    magazines in Russia, Europe and USA.

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