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The Armenian pharmaceutical market

General information

Manufacturers: 17
Importers: 178
Drugstores: 1000
Drugstore chains: 7

Useful information

Duration of drug registration process: 3-6 months.
Tax treatment: 20% VAT on drugs.
State price regulation: none.
Mass-media advertisement of pharmaceutical products: only permitted with respect to off-the-counter medications.

Statistics

Volume of commercial pharmaceutical imports into Armenia in 2009: USD 68 million.
Volume of pharmaceutical exports from Armenia in 2009: USD 3 million.
Registered drugs: 3500 (20% of which are manufactured domestically).
Manufacturer ratings (for 2009): 1. F. Hoffmann-La Roche Ltd., 2. Servier, 3. GSK.
5+ Pharmacy
MSR Group
Hot Line (090) 00 00 33
"DanaPharm" Pharmaceutical Company - Yerevan, Armenia
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