ES / EN
- May 15, 2025 -
No Result
View All Result
OnCubaNews
  • World
  • Cuba
  • Cuba-USA
  • Opinion
    • Columns
    • Infographic
  • Culture
    • Billboard
  • Sports
  • Styles / Trends
  • Media
  • Special
  • Cuban Flavors
  • World
  • Cuba
  • Cuba-USA
  • Opinion
    • Columns
    • Infographic
  • Culture
    • Billboard
  • Sports
  • Styles / Trends
  • Media
  • Special
  • Cuban Flavors
OnCubaNews
ES / EN
Home Economy and Business

Biocubafarma: unite and conquer

by
  • Eileen Sosin Martínez
    Eileen Sosin Martínez
February 7, 2014
in Economy and Business, Reports
1

The Biotechnological and Pharmaceutical Industries Business Group, known as Biocubafarma, was created just over a year ago. Previously there were the experiences of the Scientific Polo and Quimefa, the two parent institutions, the merger resulted in this Superior Business Management Organization (OSDE), a kind of holding.

Its objectives were defined from the outset: to maintain and raise the standards of health and quality of life in the Cuban population, and to become a source of capital and exports from all the accumulated scientific potential.

In general, the organization is dedicated to developing strategies, technologies, products and assistance for the prevention, diagnosis and treatment of multiple ailments. “What makes us different from a traditional multinational or any biotech and pharmaceutical company,” Norkis Arteaga, head of the Department of Business explained, ‘is precisely the impact on health. We work closely with the Ministry of Public Health, in complex interventions; perform therapeutic guidelines to apply to patients. “

Biocubafarma manufactures more than 500 drugs, and among biotechnology products and projects they total 91: 33 for cancer, 18 for cardiovascular diseases, 33 vaccines against infectious diseases, and 7 drugs to combat diabetes and other ailments.

The numbers confirm the prestige of these sectors internationally. Currently the Group has over 1,700 patents granted in many countries and over 2,000 requested. “This also gives us sovereignty, we can decide what to do with our products without anyone coming to stop us regarding them,” Arteaga said.

Also they made technology transfer to Brazil , Vietnam , India , South Africa, Venezuela , Algeria , Iran and China , especially in the framework of South- South cooperation.

Related Posts

Dogs in Cuba

Dogs and neighbors

November 3, 2024
The pandemic has affected economies and aggravated the already existing crises, as in the case of Cuba, where the cyclical shortage in state stores keeps its inhabitants constantly on the hunt for essential items. Photo: Otmaro Rodríguez

Superheroes in exchange for milk: bartering that alleviate shortages in Cuba using a cell phone

October 18, 2020
Photo courtesy of Havana Club International.

Havana Club 7 years: a Cuban bottle

December 17, 2016

AT&T and ETECSA will connect Cuba and the US for voice, text and data

August 22, 2016

There are 19 foreign entities governed by Biocubafarma through different modalities: joint ventures or wholly owned by Cuba, representations, among others. Its productions are sold in over 50 countries and several regions have more than 700 health records, i.e., the approval granted by the health authorities to use the drug.

The biotechnology and pharmaceutical industries achieve then exporting high value-added products and with higher technological level. Its strategic alliance with the Distributor of Cuban Medical Services (SMC) refines these possibilities, because the benefits are complemented with equipment, medicines, vaccines, in order to offer a comprehensive package.

This means a significant leap from the classical repertoire of traditional raw materials and products, such as sugar, nickel, snuff and rum. In addition, Cuba is placed on the cutting edge of a highly complex and expensive line. Note that the first company of its kind in the United States was born in 1976. Five years later here we featured an institution with that scientific profile, and in 1986, the Center for Genetic Engineering and Biotechnology.

The emergence of Biocubafarma sets a milestone in terms of investment, as it led the incursion of foreign capital in this area, mainly in the construction of plants, and in the Special Area Development Mariel.
Our organization now has much more potential to generate product than the installed production capacity. We have great market demand and often we cannot satisfy it because the set capacities are not enough, “the head of the Department of Business says.

Some advantages that the country offers to prospective businesses in the industry are the flexibility in percent stake, if a joint venture, in addition to the highly qualified staff, experience in the design of these facilities, and a line of important products.

” That means we ‘re not talking about building factories that wouldn’t have a purpose – Arteaga points out , is precisely what we need funding , because brainpower is present .” Similarly both parties would provide access to different markets.

Biocubafarma is a self-financing entity, businesses closed cycle that takes the whole process of research, development, production and marketing. Group executives have stated that during the next five years they expect to double its exports, estimated at over 5 billion dollars a year.

  • Eileen Sosin Martínez
    Eileen Sosin Martínez
Tags: Biocubafarmabiotechnology and pharmaceutical industriesSuperior Business Management Organization (OSDE)
Previous Post

U.S. college students choir will visit Cuba

Next Post

Sintesis: the most revolutionary family, musically speaking

Eileen Sosin Martínez

Eileen Sosin Martínez

Periodista cubana. Bicho nocturno, cafetera y buena amiga. Muy teatral (que no trágica), despistada y trabajadora, con malos pensamientos pero buenas intenciones.

Next Post

Sintesis: the most revolutionary family, musically speaking

ETECSA announces new offer for prepaid landlines

Show in Cuba: Don’t say a word, so it will happen

Comments 1

  1. Adeniyi O. Adekunle says:
    11 years ago

    Any opportunity for marketing or representation of your products in West, East and Central Africa?

    Reply

Leave a Reply Cancel reply

The conversation here is moderated according to OnCuba News discussion guidelines. Please read the Comment Policy before joining the discussion.

Your email address will not be published. Required fields are marked *

Most Read

  • The Enchanted Shrimp of the Cuban Dance

    2955 shares
    Share 1182 Tweet 739
  • Cuban economy, the “regulations” and the shoe

    18 shares
    Share 7 Tweet 5
  • Trump Administration Includes Cuba on List of Countries Not Cooperating Against Terrorism

    16 shares
    Share 6 Tweet 4
  • Non-alpha IL-2 Mutein: a Cuban hope for cancer

    8 shares
    Share 3 Tweet 2
  • Poverty in Cuba: Ministry of Labor establishes new regulations to care for “vulnerable groups”

    18 shares
    Share 7 Tweet 5

Most Commented

  • Fernando Pérez Valdés in Havana, 2024. Photo: Kaloian.

    Fernando Pérez, a traveler

    11 shares
    Share 4 Tweet 3
  • Solar parks vs. blackouts: between illusions and reality (II and end)

    14 shares
    Share 6 Tweet 4
  • Solar parks vs. blackouts: between illusions and reality (I)

    16 shares
    Share 6 Tweet 4
  • The “Pan de La Habana” has arrived

    32 shares
    Share 12 Tweet 8
  • China positions itself as Cuba’s main medical supplier after signing new contracts

    28 shares
    Share 11 Tweet 7
  • About us
  • Work with OnCuba
  • Terms of use
  • Privacy Policy
  • Moderation policy for comments
  • Contact us
  • Advertisement offers

OnCuba and the OnCuba logo are registered® trademarks of Fuego Enterprises, Inc., its subsidiaries or divisions.
OnCuba © by Fuego Enterprises, Inc. All Rights Reserved.

No Result
View All Result
  • World
  • Cuba
  • Cuba-USA
  • Opinion
    • Columns
    • Infographic
  • Culture
    • Billboard
  • Sports
  • Styles / Trends
  • Media
  • Special
  • Cuban Flavors

OnCuba and the OnCuba logo are registered® trademarks of Fuego Enterprises, Inc., its subsidiaries or divisions.
OnCuba © by Fuego Enterprises, Inc. All Rights Reserved.

Manage Consent
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
Manage options Manage services Manage {vendor_count} vendors Read more about these purposes
View preferences
{title} {title} {title}