Who Owned Georgia English.pdf

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Kvadimax, Enozid H, Musitroli, Amtas and Calcitron, whichare imported unpackaged medicines from India. This is evenmore worrisome asthe Agency for State Regulation of MedicalActivities, which operates under the Ministry of Labour,Health, Social Affairs and is responsible for checking the qualityof medicines, lacks the expertise as well as the financial andtechnical resources to be effective. 253“According to the information we have, the drug agency hasnever found any counterfeit products, but how is this possiblewhen there is a $200-million market of fake medicines thatoccur particularly in low income countries such as Georgia?”says Irakli Margvelashvili, executive director of the Associationof Pharmaceutical Companies’ Representatives in Georgia. “ Thisshould be checked and for that you need a good system; withtechnical expertise, financial resources and so on. But you don’thave this now. This system does not currently exist in Georgia,”he adds. 254What this all comes down to is that two major companiesdominate Georgia’s pharmaceutical market with the largestshares on distribution, retail and manufacturing. The fact thatthe vast majority of “competitors” are dependent on thesecompanies makes the system look like an oligopoly, or verticalmonopoly. Moreover,these companies don’t have a monopoly,they have become active in the recently privatized insuranceand hospital market. These pharmacies now own clinics. 255Vertically integrated pharmaceutical companies that also operatein the greater health care sector create conflicts of interest on253 Ibid p.27254 Interview Irakli Margvelashvili; Executive Director Association ofPharmaceutical Companies’ Representatives in Georgia; in Report onPharmaceutical Market in Georgia, Transparency International Georgia.http://transparency.ge/sites/default/files/post_attachments/The%20Pharmaceutical%20Market%20in%20Georgia_June%202012l_0.pdf Accessed05/12/2012255 Aversi’s Company Website http://www.aversi.com/main.php?lang=eng&id=68&type=4 PSP website http://www.psp.ge/?mid=60Accessed 05/12/201262
various levels that do not necessarily benefit the consumer inregards to affordability and quality. These large pharmaceuticalcompanies play an important role in the development of medicineproduction in Georgia, yet are left unchecked to sell us what theywant at prices they can manipulate. It’s an arrangement that suitsthe major pharmaceutical companies best of all.63
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INTRODUCTIONOne day shopping with m
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closely affiliated to Eduard Shevar
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news to the Autonomous Republic of
Page 12 and 13:
If the authorities had wanted, they
Page 14 and 15: Tbilisi Mayor Gigi Ugulava, who was
Page 16 and 17: Kakhi Beqauri and Eldar Mdinaradze.
Page 18 and 19: oadcasting 39 but sold the frequenc
Page 20 and 21: He went on to say that later that d
Page 22 and 23: with Russia, which sent the nation
Page 24 and 25: Irakli Okruashvili case in Septembe
Page 26 and 27: them in the street. They took trans
Page 28 and 29: Maestro contends the dishes were pa
Page 30 and 31: In the meantime, Chikovani has rema
Page 32 and 33: General Media arrived in early 2011
Page 34 and 35: merger of the Caucasus Network, Geo
Page 36 and 37: In cases when the owner of a busine
Page 38 and 39: the shares and LLC Investico Allian
Page 40 and 41: 38WHO OWNED OUTDOOR ADVERTISING?Whe
Page 42 and 43: The latest Civil registry entry has
Page 44 and 45: On September 12, 2011, JSC Adprojec
Page 46 and 47: ut we are only partly correct. The
Page 48 and 49: estaurants to confiscate documents
Page 50 and 51: Delta Holding, the football (soccer
Page 52 and 53: A PHARMACEUTICAL OLIGOPOLY“Why ar
Page 54 and 55: to construct manufacturing sites an
Page 56 and 57: A loan from the European Bank for R
Page 58 and 59: People’s Pharmacy, a small pharma
Page 60 and 61: the large import/distributors and r
Page 62 and 63: that the decrease could be their sh
Page 66 and 67: 64IT’S CALLED DEVELOPMENTIn 2002
Page 68 and 69: uling party leader in the region wa
Page 70 and 71: Federation. The Georgian prosecutor
Page 72 and 73: went to Argilstone Investment and 4
Page 74 and 75: (10%). 290 Like Lemise, Interplast
Page 76 and 77: then buying it back from that group
Page 78 and 79: elonged to Kapital Vostok, a Swiss
Page 80 and 81: a fantasy settlement just south of
Page 82 and 83: made quite a profit, as Sairme is i
Page 84 and 85: and the Tbilisi Development Fund, t
Page 86 and 87: land from the Fund along Aghmashene
Page 88 and 89: On December 24th, the economy minis
Page 90 and 91: had never been properly notified. 3
Page 92 and 93: In 2009, Stanton was renamed GeoPro
Page 94 and 95: Tkibuli is a derelict post-Soviet i
Page 96 and 97: POSTSCRIPTWhen Georgians went to th
Page 98 and 99: While Rustavi 2 was passing through
Page 100 and 101: On October 5, Maestro TV and Global
Page 102: and further reasons why foreign inv
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