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Azerbaijan's income from sale of pharmaceuticals increases

Business Materials 18 November 2020 19:44 (UTC +04:00)
Azerbaijan's income from sale of pharmaceuticals increases

BAKU, Azerbaijan, Nov. 18

By Fidan Babayeva – Trend:

The retail turnover of pharmaceutical products and medical supplies in Azerbaijan totaled 553.3 million manat ($325.4 million) from January through October 2020, Trend reports on Nov. 18 citing the report of the Azerbaijani State Statistics Committee.

This indicator increased by 32.8 percent (521 million manat or $306 million in 2019) compared to the same period of last year.

The share of pharmaceuticals and medical supplies in a total retail trade volume reached 11.8 percent.

Azerbaijan produced the main types of pharmaceutical products, in particular, antibiotics, worth 14,500 manat ($8,529), other medicine in the amount of 618,900 manat ($364,058) from January through October 2020.

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