GlaxoSmithKline announced on July 02 that it was developing its business in the Middle East region through the purchase of the branded generics business of Bristol Myers Squibb (BMS) in Lebanon, Jordan, Syria, Libya and Yemen.
Two new Syrian drug manufacturers have been certified by EU-accredited inspectors to export their products to the European market.
Syrian exports of pharmaceuticals stood at USD 150 million in 2007, according to Zouheir Fadaloun, secretary general of the Scientific Council for Pharmaceutical Industries.
Julphar, one of largest pharmaceutical manufacturers in the UAE, is looking at the opportunity of investing in Syria.
Four Syrian drug manufacturers have received a statement of international Good Manufacturing Practices.
The Syrian Investment Authority has licensed the set-up of two medical compounds at a combined investment value of SYP 8.4 billion.
The ruler of the United Arab Emirates, Sheikh Khalifa bin Zayed Al Nahyan, has granted the Syrian government USD 100 million to build a state-owned hospital.
According to the latest projections of the Ministry of Health, the number of new cases of infections from acquired immune deficiency syndrome (Aids) will grow dramatically in Syria the coming three years
National Company for Pharmaceutical Industry, an Aleppo-based pharmaceutical manufacturing company, has been found to meet European and WHO Good Manufacturing Practice norms.
The number of people infected with AIDS in Syria is the lowest in the region, according to estimates from the National Program for Combating HIV/AIDS (NPCHA).
The Ministry of Health has inaugurated three new hospitals in the rural areas around the cities of Aleppo, Lattakia and Hama.
Thameco, one of the two state-owned manufacturers of pharmaceutical products recorded profits of SYP 370 million (USD 7.4 million) last year.
Works have begun on a USD 37 million, 521-bed hospital and health centre in Yaafour, an opulent suburb to the west of Damascus, according to al-Thawra.
Al Shall Consulting and Investment, a Kuwaiti consulting firm is advising Kuwaiti investors on the development and building of a large USD 40 million clinic in Yaafour, on the outskirts of Damascus.
The number of people who are above 60 years old reached one million in Syria said to the Syrian daily Al-Thawra, the Director of the Elderly Health Department of the Health Ministry Mohammed Isam Shabban.


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