Life sciences industry, which comprises companies and organizations in the biotech, pharma, medical technology, cosmeceuticals, nutraceuticals, and food processing sector. They are concerned with research and development and manufacturing of products to improve human lives.
There are many pharmaceutical companies in Venezuela, a large market in Latin America due to the large population. Top pharmaceutical companies in Venezuela are Bayer AG, Novartis, Grupo Farma, Calox International, C.A., Megalabs Vzl C.A., Laboratorios Elmor S.A., Laboratorios Leti S.A.V., C.A. Productos Ronava, Laboratorio Cofasa S.A., Laboratorios Valmor C.A. The pharmaceutical market in Venezuela … Read more
Top 20 pharmaceutical companies in Paraguay are Farmacéutica Paraguaya S.A, Vicente Scavone y Cía. S.A.E., Laboratorio de Productos Éticos C.E.I.S.A. Quimfa S.A., Indufar C.I.S.A., Laboratorios Galeno S.A., Dutriec S.A., Farmaco S.A., COMFAR S.A.E.C.A., Promepar S.A., Guayaki S.A., Drogueria Italquimica S.A., Dallas S.A., Heisecke y Cía. S.A.C.I., Corporación Siegfried, Gramón Paraguay S.A-C.I.F.I.A and Luis Cassanello S.A.I.C. … Read more
There are a limited number of pharma manufacturing firms and pharmaceutical companies in Bolivia. This low level of manufacturing means Bolivia does not export much of its produce. The country imports most of its pharmaceutical products and medical devices. In 2021, pharmaceutical imports stood at 256 million U.S. dollars. Another issue that may cause a … Read more
There is a presence of good number of local manufacturing and multinational pharmaceutical companies in Ecuador, the eight largest market in Latin America. The pharmaceutical market is valued at US$1.6 billion in 2020. In 2021, pharmaceutical imports stood at 1,479 million U.S. dollars. Ecuador imports 80% of medicines from countries like the US, India, Mexico. … Read more
Major pharmaceutical companies in Uruguay, are Megalabs, Khairi S.A., Syntex Uruguaya, Laboratorio Libra, Laboratorio Microsules, Gramon-Bago, Europharma, Farmaco Uruguayo, etc. Uruguay has a long-standing in the pharmaceutical sector. There are over 100 pharmaceutical companies in Uruguay. In 2021, pharmaceutical exports amounted to USD $193 million, while importing 294.42 million U.S. dollars worth of pharmaceuticals. The … Read more
Top pharmaceutical companies in Chile are Recalcine (Abbott), Laboratorio Chile, Grunenthal, and Saval, while major wholesaler/distributors of pharmaceuticals are Drogueria Nunoa, Socofar, Farma 7, Schubert. Chile is one of the largest pharmaceutical market in Latin America alongside Brazil, Mexico, Argentina, and Colombia. However, with a population of 19.1 million people, they have lesser volumes. But … Read more
Pharmaceutical companies in Peru produce mostly generics and OTC medicines. DIGEMID (Dirección General de Medicamentos, Insumos y Drogas) works with the National Pharmaceutical Laboratories Association of Peru (ALAFARPE) in the regulation of the sector. The National Association of Pharmaceutical Laboratories (ALAFARPE) is an association of 23 local and foreign pharmaceutical companies in Peru. They work … Read more
In 2021, the leading pharmaceutical companies in Colombia are Procaps SA with a revenue of 1,083.83 billion Colombian pesos. They are followed by Laboratorio Franco Colombiano S.A. (revenue of 792.77 billion Colombian pesos). Other top pharmaceutical companies in Colombia are Baxter, Genfar S.A, Tecnofar TQ S.A.S, Megalabs, C.I. Farmacápsulas S.A, Laboratorios Siegfried S.A.S, Laboratorios La … Read more
There are many pharmaceutical companies in Argentina, the third largest pharma market in Latin America, after Brazil and Mexico. In 2021, there are 354 pharmaceutical labs, 229 manufacturing facilities. 181 of the manufacturing facilities are national, while 48 are foreign firms. There are 43000 direct jobs and, 120000 indirect jobs employed by the sector. In … Read more
There are many pharmaceutical companies in Brazil, the largest pharmaceutical market and industry in Latin America, ahead of Mexico, Columbia, and Argentina. The pharma industry traded USD 14.92 billion worth of pharmaceuticals in 2021. This represents 2% of the global pharma market, and ranks Brazil 8th globally. The same year, exports of pharmaceuticals stood at … Read more