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Armenian Drug Imports: Three Companies Capture 60 3% of Market

Armenian Drug Imports: Three Companies Capture 60.3% of Market Three companies imported 60.3% of all drugs imported to Armenia in 2019. The three are Vaga Pharm LLC, Alfa Pharm Import CJSC and Natali Pharm LLC. In 2019, AMD 42.3 billion (US$81 million) in drugs were imported to Armenia by 114 companies. Armenia’s State Commission for the Protection of Economic Competition (SCPEC) issued the data but did not disclose each company’s share of imports, arguing it’s a trade secret. 16% of the imported drugs are of German origin, followed by drugs manufactured in France. Russian-made drugs come in third. In total, drugs were imported from 66 countries.

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