Full List of Pharmaceutical Companies in Argentina (2023)
by Pharmchoices
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 the same year, the pharmaceutical market is estimated at USD 8,329 million, and contributed 4.9% of the industrial GDP in Argentina. Export stood at USD 836 million while imports stood at USD 2,379 million.
Most of the manufacturing pharmaceutical companies in Argentina are local, with only two multinational companies, Sanofi and Bayer. About 20 of the pharmaceutical labs control 70% of the market in Argentina. The top pharmaceutical companies in Argentina are Roemmers, Bago, Gador, Elea Phoenix, Baliarda, Montpellier, Bernabo, Grupo Insud, Raffo, and Laboratorio Pablo Cassará SRL. Multinational companies such as Sanofi Aventis, Bayer, GSK, Pfizer, Novo Nordisk, Teva, Novartis, and Boehringer Ingelheim also ranks well.
They manufacture generics, biosimilars, APIs and export to countries like Brazil, Ecuador, Chile, Paraguay, Peru, Columbia, other Latin American countries, Asia, Western Europe.
Pharmaceutical companies in Argentina are highly concentrated in regions such as CABA, the capital city, Buenos Aires, and lesser in Cordoba and Santa Fe.
