May 08, 2020

Farmak together with prepared Top 20 Global Medical Innovations

Taking into consideration the increased public interest in medical science, and Farmak created a joint project that gives an idea of the current situation (and the situation over past 20 years) in the world medicine.


20 medical innovations which have been the most important in the 21st century were selected.

The choice was made by the expert group. There were the representatives of various medical specialities among those who took the decision: infectious disease specialists, gynaecologists, ophthalmologists, allergists, and others. There were those who regularly treat patients and those engaged in research. But all of them are professionals and have a broad medical outlook. Andriy Goy, Technical Director of JSC Farmak, was among the experts.

“The pharmaceutical industry is becoming a driver of scientific development in the world. The pharmaceutical industry and biotechnology remain the most high-tech industries in the world in terms of absolute and relative costs. They account for 70% of all investments in medicine – more than USD 1 trillion. A huge part of the money is used for scientific development. For example, Farmak annually invests approximately USD 15 million in scientific development. We employ 150 researchers, including 40 candidates of sciences and 5 doctors of sciences. Due to such powerful scientific potential we may release about 20 new medicinal products annually. Today we have about 100 multi-component effective medicinal products in development. Our mission is to make the treatment with modern and effective medicinal products possible. However, to accomplish this mission is impossible without science and innovation. Therefore, we focus on modern achievements in science, advanced technologies and innovative equipment because our leadership is the result of the trust of millions of Ukrainians and citizens of other countries. It is worth noting that JSC Farmak has been a leader in the Ukrainian pharmaceutical market since 2010 and the largest exporter of medicinal products. We fully understand our responsibilities and are inspired to improve ourselves for the benefit of human health,” said Volodymyr Kostiuk, Executive Director of JSC Farmak.

Ukraine’s first Top Global Medical Innovations from 2000 to 2020.

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