The Projects of Pharmaceutical Industry in Iraq for the Period (2014 - 2021): Developments and Challenges

Authors

  • Montadher Abdel Hassan Omran, Hanan Abdel Khader Hashim Al Mousawi

DOI:

https://doi.org/10.17762/msea.v71i4.996

Abstract

Many nations have given this industry high priority in order to fulfill their medical needs and then sell the excess to other nations due to the importance of medicine, both specifically in human life and generally as a resource for the state economy. The demand for medicine is unaffected by the situation of the economy since it is an inelastic good. Despite their exorbitant pricing, drugs are nevertheless in considerable demand, particularly those for chronic diseases. Therefore, the importance of this research was raised up, because it shows the extent of the need for pharmaceutical companies and the extent to which they achieve revenue. The current research has dealt with the pharmaceutical industry locally and globally in terms of how important the medicine is, the amount of production, factors, and challenges facing such industry in particular. Furthermore, the research dealt with the stages of manufacturing the medicine, its forms and developments in the pharmaceutical industry in Iraq. The two researchers has come up with a number of conclusions and recommendations that would contribute to solving the problems facing the pharmaceutical industry in Iraq.

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Published

2022-09-29

How to Cite

Montadher Abdel Hassan Omran, Hanan Abdel Khader Hashim Al Mousawi. (2022). The Projects of Pharmaceutical Industry in Iraq for the Period (2014 - 2021): Developments and Challenges. Mathematical Statistician and Engineering Applications, 71(4), 4208–4229. https://doi.org/10.17762/msea.v71i4.996

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Articles