OREANDA-NEWS. October 06, 2010. The Uzbek-German joint pharmaceutical company UzGerMed Pharm was put into operation in Yukorichirchik district of Tashkent region.

“The company will produce three million standard units of drugs of different pharmacological groups, like Novocaine, Calcium gluconate, Glucose, Dimedrol, Dibazol,” said the executive director of the venture Abdurahman Nazarov. “The plant is equipped with modern technology, employing more than 50 specialists. With the launch of the company at full capacity, the number of workers will be brought up to 120 people.”

Provision of population and medical institutions with quality and affordable medicine is an important direction in the sequence of reforms in the medical system of the country. Decree of President Islam Karimov “On the program of modernization, technical and technological rearmament of enterprises of the pharmaceutical industry for the period by 2011” of November 2007, is an important factor in the development of this sphere.

At present, over 110 pharmaceuticals operate at Uzfarmsanoat. For the past period of 2010, they exported the goods worth of 605.8 thousand USD.

The favorable investment conditions for domestic producers also serve as an important factor in establishing new enterprises in the industry. In addition, existing companies are reconstructed and modernized, launching new product lines.

It should be noted that from the beginning of the year, the number of manufacturing facilities in Tashkent region reached 100. Over 10.5 million USD and 38 billion soums were invested to create these companies jointly with local and foreign entrepreneurs. About 2,000 new jobs were created in these new enterprises.