Pharmaceuticals No. 2 on Cuba’s Export List in ’07
HAVANA – Cuba’s pharmaceutical industry generated $350 million in exports in 2007, ranking second in foreign sales behind nickel and coming in ahead of traditional products such as tobacco, rum and sugar, the official press reported last week.
“According to figures from the Basic Industry Ministry’s pharmaceutical group, Cuba earned some $350 million in 2007 from the sale abroad of some 180 medicines,” including both generic and biotechnology products, Bohemia magazine said in its online edition.
Cuba’s pharmaceuticals line-up includes vaccines for type B meningococcal meningitis, hepatitis B and influenza, as well as Heberprot P for the treatment of diabetic foot ulcers and interferon.
Bohemia noted “the close linkages in innovation, development and production between the extensive network of research centers and the medicine plants” in Cuba, adding that “unlike traditional exports,” the production of medicines and medical equipment is “a particularly strong option” for the domestic economy.
Cuba’s pharmaceutical industry plans to open three new plants this year for the production of ampules, syringes and freon-free aerosols.
In 2006, Cuba’s biotechnology industry, according to official figures, exported 38 medicines to 40 countries, generating sales of more than $50 million.
Currently, the island has joint ventures with South Africa, India and China, as well as technology transfer agreements with Brazil and Iran, and joint development deals with several countries, among them Venezuela, Vietnam and China.
You may be interested
Government to discuss pandemic response with private sectorThe Tico Times - May 8, 2021
Government officials will discuss Costa Rica's pandemic response with representatives of other sectors, in context of new records in hospitalizations…
Costa Rica ends work week with new high in Covid hospitalizationsThe Tico Times - May 8, 2021
There are 1,175 people in Costa Rica hospitalized with Covid-19, a new record, the Health Ministry said in its Friday…
Authorities search for hiker missing in Chirripó NPAlejandro Zúñiga - May 7, 2021
Update: Authorities located the hiker’s body on Saturday morning. Read more via La Nación. **** Costa Rican authorities are searching for…