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Armenia's drug production, exports rise in first five months

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  • Armenia's drug production, exports rise in first five months

    Xinhua General News Service, China
    July 12, 2013 Friday 8:25 AM EST


    Armenia's drug production, exports rise in first five months

    YEREVAN July 12


    The first five months of this year saw Armenia's medicine production
    and exports rise by 29.3 percent and 41.8 percent respectively, an
    official said Friday.

    Haik Mirzoyan, director of the Industry Development Foundation,
    announced the numbers at a press conference that was also attended by
    representatives from the country's pharmaceutical companies.

    Mirzoyan further elaborated that during these five months, some 1.9
    billion AMD (4.6 million U.S. dollars) worth of drugs were produced
    and about half of them were exported.

    The biggest share of exports went to Commonwealth of Independent
    States countries, he added.

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