Gen Pharma Caucasus pharmaceutical production facility opened in Azerbaijan

President Aliyev opened the pharmaceutical production facility of "Gen Pharma Caucasus Manufacturing Operations MMC", which was established within the scope of the cooperation between GEN İlaç ve Sağlık Ürünleri AŞ and the Azerbaijani Ministry of Economy.

The annual production capacity of the facility, established on an area of ​​5.2 hectares in Pirallahı Industrial Park, is planned to be 60 million boxes of medicine, that is, approximately 2.5 billion tablets and capsules.

In addition to painkillers and antibiotics, the facility will produce different drugs, especially those used in cardiology, neurology, urology, diabetology and gastroenterology.

It is anticipated that 178 people will be permanently employed in the facility, where equipment produced by leading companies from the USA, Japan, Germany, Switzerland, China, Denmark, Sweden and Türkiye is used.

The drugs to be produced are planned to be exported to Uzbekistan, Kazakhstan, Georgia and other countries, as well as the Azerbaijani domestic market.

An infrastructure for education and scientific cooperation was also created within the facility. In this context, while establishing an official training base for Karabakh University and Azerbaijan Medical University, it is aimed that the factory will also contribute to educational and scientific studies for the development of the pharmaceutical industry in Azerbaijan.

"We are ranked number 1 in Azerbaijan"

GEN İlaç ve Sağlık Ürünleri AŞ Chairman of the Board of Directors, Abidin Gulmuş, stated in his statement to the AA correspondent that it was a pride for them that the factory was opened by President Aliyev, and that they aimed to develop the pharmaceutical industry, which is still at its infancy in Azerbaijan.

Gulmuş noted that the facility was established to ensure the local production of vital medicines and stated that 66 percent of the shares of the factory belong to GEN İlaç and 29 percent to the Business Development Fund of the Ministry of Economy of Azerbaijan.

Stating that the construction of the factory equipped with the latest technology was completed in less than 2 years, Gulmuş said, "Here, we will first start producing vitally important medicines that the Azerbaijani healthcare system needs. The first goal is to produce 50 medicines in 2027." he said.

Gulmus emphasized that the factory is extremely important for both the development of the Azerbaijani pharmaceutical industry and the Azerbaijan-Turkey economic cooperation, and said, "We are the only factory in Azerbaijan that can produce from raw materials to the final product, and that is why we are ranked number 1. But this is not enough for us. We aim to complete the formulations of new drugs and reach over 500 drugs within 5 years." he said.