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GEROPHARM presented its drug products in Azerbaijan

23 September 2015

GEROPHARM Group participated in the 21st Azerbaijan International Exhibition of Healthcare BIHE 2015 held in Baku from September 18th to 21st.

GEROPHARM presented its drug products at the collective exhibition stand of the Ministry of Industry of Russia: original drugs Cortexin® (an effective neuroprotector) and Retinalamin® (an ophthalmic product which stimulates retina regeneration), genetically engineered human insulins Retinalamin® R (a short-acting drug) and Rinsulin® NPH (a drug of medium-duration effect) in various product forms (vials, cartridges, autoinjectors).

The opening ceremony of the exhibition was attended by Elsever Agayev, Deputy Minister of Health of Azerbaijan, Sergey Tsib, Deputy Minister of Industry and Trade of the Russian Federation, Valeriy Shevchuk, Deputy Minister of Health of the Republic of Belarus. These distinguished guests have stressed the importance of this exhibition which serves as a platform for establishment of professional contacts and experience exchange between countries.

28 pharmaceutical and medical industry enterprises were represented at the stand of the Ministry of Industry and Trade of the Russian Federation. Such massive participation of Russian companies in BIHE-2015 confirms the country’s interest in strengthening relations with Azerbaijan in the field of healthcare and demonstrates Russia’s high export potential. Currently Russia ranks second in Azerbaijan’s import structure: the country imports drugs which represent 14% of the total volume of imported drug products.

The Azerbaijan Representative Office of GEROPHARM was opened in 2014. Cortexin® and Retinalamin® are currently registered in Azerbaijan.

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