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Webinar on Armenia-India Collaborative Opportunities in the Pharmaceutical Sector on 17 May 2024



PXL/HO/Cir-011/2024-25                                                                            Date: 09.05.2024



Subject:Webinar on “Armenia-India Collaborative Opportunities in the Pharmaceutical Sector” on 17 May 2024


Dear Sir/Ma'am,


Greetings from Pharmexcil!


We are pleased to inform that Pharmexcil in association with Embassy of India in Armenia is organizing a webinar on “Armenia-India Collaborative Opportunities in the Pharmaceutical Sector” on 17th May, 2024.


Armenia stands as an emerging market within the CIS region, offering untapped potential for expanding our trade. With a significant portion of its medication needs imported, totaling USD 213.7 million in 2022, Armenia presents a promising landscape. Based on the market's stability and the broader economic context, forecasts project Armenia's pharmaceutical market to grow to USD 548.4 million by 2027, demonstrating a five-year compound annual growth rate (CAGR) of 10.4%.


The scheduled webinar would help members companies to better understand the regulatory dynamics in a deeper way and further enhance the engagements with Armenian stakeholders and enhance our exports to Armenia. In addition to regulatory insights, the webinar will feature speakers from Armenia discussing recent Healthcare Reforms geared towards Universal Health Insurance. A tentative agenda has been attached for your reference.


The webinar will be followed by Q&A, which will give member companies the opportunity to interact with the speakers.


Mark your calendars for May 17th, 2024 (Friday) at 17:30 Hrs (IST)/16:00 Hrs (Armenian Time)!

Please use the below link to register for the webinar:


Webinar Registration Link: https://pharmexcil.webex.com/weblink/register/ra1740492fd56139b2fbaa4b1b9307939



Member companies are encouraged to seize this opportunity to explore the emerging prospects in the Armenian Health Sector and the potential for pharmaceutical trade.





Uday Bhaskar

Director General


Encl: Draft Webinar Agenda