Deputy minister about a necessity to expand home production in pharmaceutical sector

12:40 - 5.05.2025


May 5, Fineko/abc.az. It is necessary to strengthen domestic production in the pharmaceutical sector.

ABC.AZ reports that First Deputy Minister of Economy Elnur Aliyev said this at the international conference "Azerbaijani pharmaceutical industry: Yesterday, today and tomorrow" held in Baku today.

Aliyev noted that in 2024 alone, Azerbaijan imported 862 million manat (about $507 million) worth of pharmaceutical products in 2024:

“Our dependence on imports is very high. To prevent this, work is underway to attract investment. Entrepreneurs have invested more than 6.9 billion manats (about $4 billion) in industrial zones.