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Al-Sudani: We are working to achieve drug security
First 10/20/2024
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Prime Minister Mohammed Shia Al-Sudani announced working to achieve drug security in Iraq, stressing the endeavor to reach a production stage exceeding (80%) within the next three years.
Al-Sudani opened yesterday, Saturday, two factories for antibiotics (cephalosporins) and immunosuppressive drugs, which are private sector projects, within the program to localize pharmaceutical industries in Iraq, which the government adopted as one of its program priorities.
The Prime Minister said, according to a statement received by "Al-Sabah": "The goal of localizing the pharmaceutical industry was among the work priorities, accompanied by providing facilities to drug producers from the private sector, in the field of launching loans and sovereign guarantees to establish pharmaceutical projects.
" Al-Sudani noted "working to achieve drug security, as it is not permissible to accept that local pharmaceutical products cover (10%) of the original drug market, which is worth more than (3) billion dollars."
He explained that "the contracts for establishing pharmaceutical projects have increased under the current government by more than (60%), which is a positive indicator for reaching a production stage exceeding (80%) during the next three years, especially for life-saving drugs and cancer patients' drugs, which are expensive and difficult to secure on a permanent basis, stressing the work on establishing the pharmaceutical industrial city."
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