The Australian market is considered well-regulated – at the same level as the US and the EU. Therefore, only few Ukrainian companies have the opportunity to supply their products to this country. The share of sales to Australia and Oceania in Ukrainian exports of pharmaceutical products is only 0.3%.
“Today, Farmak is about the only Ukrainian pharmaceutical company exporting to Australia. It did not take us long to enter this market, as our products meet the high requirements set to supply products to this region. In 2015, negotiations with representatives of an international company with an office in Australia were held. In 2017, Farmak shipped the first batch to this country. The availability of a certificate issued by the Australian regulator facilitates access to other markets. Our goal is to increase exports in the sales structure to 40% over the next five years. The pharmaceutical quality system in place and innovative approaches to production enable us to export to well-regulated markets. Our closest horizons are the EU countries (Germany, Great Britain), the United States, Mexico, and the United Arab Emirates”, said Volodymyr Kostiuk, Executive Director of Farmak JSC.
We remind that the Ukrainian Pharmaceutical Forum set up by Adam Smith Conferences was held on November 7–8 in Kyiv. The event brought together about 150 representatives of Ukrainian and international companies.
On February 11, 2021 the Kyiv City Council resolved to sell a land plot to Farmak plant. The resolution was adopted by an absolute majority vote. It concerns the territory where the Kyiv Chemical and Pharmaceutical Plant has been located for 95 years. According to the document, the intended purpose of the land plot is […]
The Press Center’s standpoint for the mass media Farmak plant in Kyiv faces a targeted information attack now. Those who have organized a wave of publications most probably pursue the purpose of manipulating public opinion and deputies of the Kyiv City Council in order to clear a land plot in Podol for yet another construction. […]
In accordance with Decree of the President of Ukraine No. 24/2021 On Granting State Awards on Occasion of the Unity Day of Ukraine Hryhorii Viktorovych Kostiuk, member of the Supervisory Board of Joint Stock Company Farmak, has been awarded the title “Honoured Worker of Pharmacy of Ukraine”. The award has been granted for significant personal [&hellip...