Pharmaceutical companies research, develop and manufacture drugs and medications used to treat different diseases. These companies are also involved in the marketing and distribution of these drugs.
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
There are many pharmaceutical companies in Mexico, the country with the second-largest pharmaceutical market in Latin America, after Brazil. They also rank in the 15 globally with a value of 7 billion U.S. dollars in 2020. The industry is estimated to grow up to $30.04 billion in 2025. The industry generated 76 billion Mexican pesos … Read more
Alkaloid AD Skopje, Replek, and SA INFINITY Europe are some manufacturing pharmaceutical companies in North Macedonia. They produce mostly generic medicines. North Macedonia is one of the few countries where the cultivation and manufacturing of medicinal marijuana is legal. The legalization was done on February 9, 2016. The companies that cultivate the cannabis in the … Read more
The major pharmaceutical companies in Montenegro are pharmaceutical distributors. Montefarm, Farmegra, and Glosariji are the three wholesale pharma companies controlling 70% of the market in Montenegro. Hemomont is the first pharmaceutical factory in Montenegro, and has a nasal spray factory in Podgorica. Hemomont is a member of the Hemofarm and Stada Group. The pharma market … Read more