Pharmaceutical companies in Argentina

Generics/General | Posted 08/07/2022 post-comment1 Post your comment

Argentina has an important pharmaceutical sector, being the third largest market in Latin America after Brazil and Mexico. Pharmaceutical companies from Denmark, France, Germany, Switzerland, the UK and the US are stablished in Argentina. Argentine market has extensive experience in the incorporation of foreign investments for the sector as well as offers multiple business opportunities.

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Argentina has around 65 biotech companies working on human health, showing strengths in the development of generics and biosimilars. Over a dozen of these companies are exporting biosimilars, primarily to other countries in the region and to Asia. Sales to China, India and Vietnam increased by 179 per cent between 2003 and 2017. Some of these companies also manufacture their products in Asia. For example, Bagó, through a joint venture, produces biosimilars in Pakistan. Others such as BioNovis SA fill and finish local products that were developed abroad. The Insud group for instance, entered an agreement with AstraZeneca and Liomont of Mexico to produce a COVID-19 vaccines [1].

In Argentina, local firms play a leading role in manufacturing pharmaceuticals. Measured by their share of market sales, only two out of the top 10 pharmaceutical companies operating in Argentina (Sanofi and Bayer) are foreign multinationals [2]. This market is characterized by a high degree of concentration, around 20 laboratories account for 70% of the market.

Some of the most important domestic pharmaceutical companies in Argentina are shown in Table 1.

Table 1: Top domestic pharmaceutical companies in Argentina
Pharma company Manufactures Exporting countries
Roemmers Generics, biosimilars, innovative products – Other countries in LA: Mexico, Brazil, Ecuador, Peru, Colombia, Chile, Venezuela and Paraguay 
– Western Europe
– Asia
Gador Biologicals, biosimilar products, branded generics, APIs – Other countries in LA
– Western Europe
– Asia
Bagó Generics, biosimilars, innovative products – Other countries in LA
– Western Europe
– Asia
Elea Phoenix mAbs, therapeutic vaccines – Other countries in LA
– Western Europe
– Asia
Grupo Insud (Chemo, Exeltis, mAbxience) Generics, biosimilars, APIs – Other countries in LA
– Western Europe
– Asia
Pablo Cassara Biosimilars – Other countries in LA
– Western Europe
– Asia
APIs: active pharmaceutical ingredients; LA: Latin America; mAbs: monoclonal antibodies.

 

This article belongs to the series of articles which discuss the study results of pharmaceuticals development in other countries of Latin America and the Caribbean like Brazil, Chile, Colombia, Mexico, Costa Rica and Cuba.

Related articles
Nomenclature of biologicals and biosimilars in Argentina 

Argentinian gastroenterologist groups issued position statement on biosimilar use 

Regulatory landscape for similar biotherapeutic products in Latin America

LATIN AMERICAN FORUM

The new section of the ‘Latin American Forum’ on GaBI has been launched. The objective of this new section is to provide you with all the latest news and updates on developments of generic and biosimilar medicines in Latin America in Spanish.

View this week’s headline article: Directrices revisadas de la OMS para los biosimilares: antecedentes científicos

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Se ha lanzado la nueva sección del ‘Foro Latinoamericano’ sobre GaBI. El objetivo de esta nueva sección es brindarle las últimas noticias y actualizaciones sobre desarrollos de medicamentos genéricos y biosimilares en América Latina en español.

Vea el artículo principal de esta semana: Directrices revisadas de la OMS para los biosimilares: antecedentes científicos

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References
1. Vargas V, Rama M, Singh R. Pharmaceuticals in Latin America and the Caribbean: players, access, and innovation across diverse models. 3 January 2022. World Bank. Available from: https://openknowledge.worldbank.org/handle/10986/36871 License: CC BY 3.0 IGO.”
2. GaBI Online - Generics and Biosimilars Initiative. Pharmaceutical companies in Latin America and the Caribbean[www.gabionline.net]. Mol, Belgium: Pro Pharma Communications International; [cited 2022 Jul 8]. Available from: www.gabionline.net/generics/general/pharmaceutical-companies-in-latin-america-and-the-caribbean

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Posted 11/07/2022 by Pablo Matar
Empresas farmacéuticas en Argentina

Este breve posteo contiene muchos errores e inexactitudes que son muy importantes de destacar. En primer lugar, en Argentina no existe una legislación para medicamentos genéricos, por lo tanto ninguna de las empresas mencionadas produce genéricos. La mayoría son similares. En segundo lugar, de las empresas mencionadas, solamente Elea Phoenix y Mabxience (ambas pertenecen al Grupo Insud), producen biosimilares (dos anticuerpos monoclonales); el resto no. Algunas de ellas solo producen biológicos aprobados con anterioridad a las disposiciones de ANMAT que regulan biosimilares, del año 2011, por lo tanto no son biosimilares porque no han sido sometidos a los estudios necesarios para conseguir esa calificación. El Editor responsable de autorizar estos textos para ser publicados debería revisar con mayor cautela la bibliografía.

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