Drug exports up 50%

Drug exports grew by 50% to a volume of $2.27 billion in the first nine months of 2006 compared with the same period last year, the Manufacturers Association of reported on Monday.

Drug exports grew by 50 percent to a volume of $2.27 billion in the first nine months of 2006 compared with the same period last year, the Manufacturers Association of reported on Monday. In the January to September period, drug exports to the US increased by 72% generating $1.84b., while exports to European Union countries fell by 3% to a level of $300 million. At the same time, drug exports to Japan were six times higher than year-ago levels, reaching $4.6m.