FARMAK Despite the war, Ukraine's largest pharmaceutical company, Farmak, opened a new site for the production of medicines in nebulas and launched 11 new products on the market. These are medicines for the treatment of respiratory tract and bronchial asthma, thrombosis and acute myocardial infarction, as well as radiopaque, anti-inflammatory, painkillers and vitamins for children. In addition, in the 4th quarter of 2022, the company plans to launch 6 more new medicines on the market.
"Our company is not only a leader in the production and export of pharmaceutical products, but also the largest taxpayer in the industry. Therefore, today we are facing two important tasks at once: to provide Ukrainians with high-quality medicine and to fill the state budget with taxes. And we do it. Moreover, on February 28, in the midst of the war, we paid taxes in advance, realizing how important business support is for the state," said Volodymyr Kostiuk, CEO of Farmak.
Currently, the company's product portfolio includes more than 400 types of medicines. The key therapeutic groups include flu, endocrinology, gastroenterology, cardiology, and the nervous system. Farmak annually reinvests up to 90% of its profits in development. Over the past 20 years, the amount of investments in the development of the enterprise has amounted to more than 400 million US dollars. The Company's annual investment in research and development is approximately US$15 million. The production facilities of Farmak and its R&D complex are internationally certified and meet the high requirements of European GMP standards.
In October, the volunteers of the DyvoUA Charitable Foundation launched the Mobile Doctors project, within the framework of which they conduct free medical examinations of people in the territories liberated from the aggressor. In addition to high-quality diagnostics and medical advice, Ukrainians can also receive the necessary medicines free of charge, whic...
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Farmak PAT published this content on 07 November 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 07 November 2022 13:53:03 UTC.
