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Jordan pharma revenue to reach $1 bn by 2015

19 Feb 2013, BioSpectrum Bureau , BioSpectrum

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Singapore: According to the Jordan Times, the Jordan Chamber of Industry reported that the country's exports of pharmaceutical products witnessed a considerable growth of 20 percent in 2012 as compared to the previous year.

It said that according to Mr Mohammad Ali Shahin, a representative of healthcare-related industries and medical supplies at the chamber, pharmaceutical exports reached $643 million in 2012, when compared with $503 million in 2011.

Mr Shahin also said that the Jordan, which exports its medical products to nearly 65 markets, could see its revenue from pharmaceutical exports grow to $1 billion by 2015, if the exports carry on expanding at the same pace. Jordan's medical industry employs around 5,000 people directly, while another 3,000 are employed in its related markets.

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