JORDAN PHARMA SECTOR PUNCHES ABOVE ITS WEIGHT
December 1st, 2015
Jordan maybe a small country – with a population of just 6.6 million people, but it is one of the largest pharmaceutical manufacturers in the Middle East. A key reason is that production is export focused, particularly of generics. The country’s USD500 million-a-year turnover manufacturing sector had been steadily growing at 8% to 10% per year until 2012, according to the Jordanian Association of Pharmaceutical Manufacturers and Medical Appliances (JAPM). But since the 'Arab Spring' that spread around the region from 2011 onwards, exports have slowed due to ...
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