President of the Republic of Azerbaijan Ilham Aliyev attended
the opening of a pharmaceutical production facility owned by
Scandens Pharmaceutical Industries Ltd in the Hokmali settlement of
the Absheron district, Azernews reports.
Minister of Economy Mikayil Jabbarov and Director General Kamran
Hasanov briefed the head of state on the facility.
Designed in accordance with international standards, the
facility is equipped with advanced technologies and equipment from
Germany, Switzerland, and Italy. The enterprise will annually
produce approximately 800 million tablets and capsules across
various therapeutic areas, including antibiotics, diabetology,
hepatology, cardiology, andrology, allergology, and
gastroenterology. The products will supply the domestic market and
are planned for export in the future. A total of 120 jobs have been
created at the facility.
The 74-million-manat project was implemented through private
investment. With the investment promotion document issued by the
Ministry of Economy, the company received 6.5 million manats in
concessions for imported equipment.
The launch of the facility marks a new stage in the development
of Azerbaijan’s pharmaceutical industry. All stages of medicine
production — from raw materials to finished products — will be
carried out locally. The new enterprise will contribute to
strengthening the pharmaceutical sector, supporting local
production, and increasing Azerbaijan’s export potential by
manufacturing competitive products that meet domestic and
international standards.
The facility will also serve as a training base for professional
personnel in the pharmaceutical field. Under the quadrilateral
Memorandum signed between Scandens Pharmaceutical Industries Ltd,
Azerbaijan Medical University, Hungary’s University of Pécs, and
the Pannon Pharma company, short- and long-term training and
internship programs for pharmaceutical and non-pharmaceutical
specialties will be implemented.
President Ilham Aliyev launched the facility.
A total of 710 solar panels with a combined capacity of 450 kW/h
have been installed on the roof of the facility, enabling it to
meet approximately 40 percent of its energy consumption through
renewable sources.