Uzbekistan and Pakistan have discussed cooperation in the production of high-technology pharmaceutical products for treating cancer and cardiovascular diseases. An online meeting was held with the participation of Abdulla Azizov, Director of the Agency for the Development of the Pharmaceutical Network of Uzbekistan, Pakistan's health envoy, and Said Nadim Ahmed, Director of The Searle Company Limited.
The meeting focused on prospective areas of cooperation, the investment attractiveness of Uzbekistan's pharmaceutical market, regulatory mechanisms, legal frameworks, and conditions created for foreign investment projects. Said Nadim Ahmed highly assessed the potential of Uzbekistan's pharmaceutical sector and stated that the company is considering the possibility of establishing a high-tech enterprise to produce next-generation drugs for cardiovascular, oncological, and metabolic diseases.
The process of selecting the most suitable location for production is currently ongoing, with Tashkent being studied as a priority destination alongside Lahore and Riyadh. International consulting companies are working on the technical and economic feasibility study of the project. The Pakistani representative announced plans to attract tens of millions of dollars in direct investments to launch modern production.
The Uzbek side expressed readiness to provide practical assistance at all stages of project implementation. Following the meeting, an agreement was reached to organize a visit by a delegation from The Searle Company Limited to Uzbekistan to closely examine opportunities for implementing the investment project directly within Uzbekistan's territory.
In early February, it was reported that Abdulla Azizov held a meeting with the leadership of The Searle Company Limited during a working visit to Pakistan, where issues related to the company's entry into the Uzbek market and the launch of local production were discussed. The Searle Company Limited is a leading pharmaceutical company founded in 1965, headquartered in Karachi, exporting products to Asian, Middle Eastern, and African countries.
Source: www.gazeta.uz