(MENAFN- Trend News Agency) Kazakhstan signed a memorandum of mutual understanding with
British-Swedish multinational pharmaceutical and biotechnology
company AstraZeneca, trend reports citing kazinform .
'As part of the election campaign of the Kazakh President, it
was instructed to increase pharmaceuticals output in Kazakhstan to
up to 50%. The corresponding memorandum was struck with
AstraZeneca,' said the country's first health vice minister Timur
Sultangaziyev.
AstraZeneca which will initiatlly base at Kazakh pharmaceutical
companies plans to build its own plants in the country.
AstraZeneca has been represented in Kazakhstan for over 15
years.
'Around 40 pharmaceuticals have been registered. It is planned
to import another 15 innovative pharmaceuticals and produce four
types of pharmaceuticals,' said Alexander Tarishkin, Director of
AstraZeneca Office in Kazakhstan.
David Boyd, UK Corporate Government Affairs Director at
AstraZeneca, voiced the company's readiness to partner with the
Kazakh government.
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