Two drug production facilities with an investment of about $35 million to be opened in Uzbekistan
As part of the International Industrial Exhibition “INNOPROM. Central Asia”, Uzbekistan and Russia signed two projects in the field of production of medicines, the total amount of investments in which will be about $35 million.

Photo: Adobestock
Sardor Kariyev, Director of the Agency for Developing Pharmaceutical Industry, noted that this year INNOPROM is being held in a different format, with special attention being paid to the development of the pharmaceutical industry.
“Already on the first day of the exhibition, we signed two agreements with our colleagues from Russia on the production of insulin and other drugs in Uzbekistan. These projects will make it possible to produce in our country those products that have not been produced here before, and this will certainly increase our export potential. Partners from Russia see our market as very promising and as a springboard for exports to neighboring states of Uzbekistan. Investments in these two projects will amount to about $35 million. In addition, we managed to reach an agreement with our Russian colleagues on the mutual recognition of our GMP standards. This is important, because earlier it was difficult for us to enter the Russian market due to the state registration requirements, which were very strict and Uzbek enterprises had to re-conduct pre-clinical or clinical trials. Today we have reached an agreement on the mutual recognition of pharmaceutical standards, and this will make it possible to quickly arrange the export of our drugs to Russia,” he said.
It should be recalled that from April 25 to April 27, the National Exhibition Complex “Uzexpocentre” is hosting the International Industrial Exhibition “INNOPROM. Central Asia”.
Recommended
List of streets and intersections being repaired in Tashkent published
SOCIETY | 19:12 / 16.05.2024
Uzbekistan's flag flies high on Oceania's tallest volcano
SOCIETY | 17:54 / 15.05.2024
New tariffs to be introduced in Tashkent public transport
SOCIETY | 14:55 / 05.05.2023
Onix and Tracker cars withdrawn from sale
BUSINESS | 10:20 / 05.05.2023
Latest news
-
Housing scandal: Dozens of Uzbek property managers misappropriate billions in maintenance funds
SOCIETY | 21:45 / 10.07.2025
-
President Mirziyoyev announces major investments for Tashkent’s development
POLITICS | 21:17 / 10.07.2025
-
Used car prices rise while second-hand EV costs fall in June
SOCIETY | 20:12 / 10.07.2025
-
Uzbekistan’s new ambassador presents credentials to President Erdoğan
POLITICS | 20:09 / 10.07.2025
Related News

21:17 / 10.07.2025
President Mirziyoyev announces major investments for Tashkent’s development

16:33 / 10.07.2025
Uzbekistan seeks role for local firms in China–Kyrgyzstan–Uzbekistan railway project

15:00 / 08.07.2025
President Mirziyoyev reviews economic progress in Namangan

15:26 / 26.06.2025