The pharmaceuticals industry in Georgia has been steadily growing over the years. The country has a well-developed healthcare system, which has contributed to the growth of the industry. The industry is dominated by local companies, with a few multinational companies also operating in the country. The local companies are mainly involved in the production of generic drugs, while the multinational companies focus on research and development. The industry is regulated by the Georgian National Agency for Drug and Medical Devices, which ensures that all drugs meet the required standards. The government has also implemented policies to encourage investment in the industry, such as tax incentives and streamlined regulatory processes. The industry faces challenges such as limited access to funding and a shortage of skilled workers. However, the government is working to address these challenges by providing training programs and financial support. Overall, the pharmaceuticals industry in Geo...

Read More