Abstract

This article describes the production of basic pharmaceutical products, the share of domestic production in the domestic market, the main capital of the pharmaceutical industry of the Republic of Kazakhstan, the volume of gross value added (GVA) of the pharmaceutical industry, labor productivity in the pharmaceutical industry, pharmaceutical industry exports for the period from 2008 to 2013, as well as the existing main problems of the pharmaceutical industry.

Highlights

  • The pharmaceutical market is one of the most profitable and fastest-growing sectors of the world economy

  • The enterprises are in process of obtaining Good Manufacturing Practice (GMP) certificates of conformity, which is the main barrier to exports

  • The pharmaceutical market in Kazakhstan today is dependent on imported products, production of the pharmaceutical industry does not provide the necessary level of national security

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Summary

Introduction

The pharmaceutical market is one of the most profitable and fastest-growing sectors of the world economy. It serves as a criterion for economic and social development of the country, as well as the welfare of the population. Development of the pharmaceutical industry of the state is considered to be an indicator of high innovativeness of its economy. Given the high dependence of the Kazakhstan pharmaceutical market on foreign supplies of medicines, to create its own pharmaceutical industry is one of the priorities of the formation of the economic independence of Kazakhstan 261; Shertaeva, Tulemissov, Botabayeva, Blinova, Mamytbayeva, Zhanabayev, Ibragimov, Datkhayev, & Zhakipbekov, 2014, pp. 16-23; Utegenova, Blinova, Shertaeva, Tulemissov, Sapakbay, Umurzakhova, & Zhakipbekov, 2013, pp. Given the high dependence of the Kazakhstan pharmaceutical market on foreign supplies of medicines, to create its own pharmaceutical industry is one of the priorities of the formation of the economic independence of Kazakhstan (Akhmetov, 2014, p. 198; Zhakipbekov, Kaukhova, Datkhayev, Sakipova, Yeraliyeva, & Datkhayeva, 2014, p. 261; Shertaeva, Tulemissov, Botabayeva, Blinova, Mamytbayeva, Zhanabayev, Ibragimov, Datkhayev, & Zhakipbekov, 2014, pp. 16-23; Utegenova, Blinova, Shertaeva, Tulemissov, Sapakbay, Umurzakhova, & Zhakipbekov, 2013, pp. 664-672)

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