Despite
the development of local pharmaceutical manufacturing units,
the development in locally manufactured drugs is below par
to those imported into the country. This is because the domestic
manufacturing units are extremely small and focus only on
the production of older drugs. Also, despite having obtained
GMP certificates, these pharmaceutical manufacturers can compete
with the drugs imported only in terms of price. Thus, it can
be seen that it is necessary for Ukraine to import drugs from
foreign manufacturers to make up for the shortfall of the
medicines in the local market. Latest statistics have confirmed
that the annual supply of medical products imported into the
country is much below its actual requirement. Hence, exporting
and marketing of foreign medical products to Ukraine would
be an extremely feasible and paying proposition.
It is however important
to remember that, before importing any foreign pharmaceutical
product into the country, it is essential to register said
product with the State Health Ministry. An amendment to the
Law of Medicines in 2006, has been set up to provide protection
of pharmaceutical data (which is submitted for marketing approval)
from unfair commercial use. However, one needs to keep in
mind that despite this there are grave concerns that intellectual
property rights are not being enforced
|