Pharmaceutical Manufacturing in Venezuela: A Quest for International Standards
Pharmaceutical manufacturing in Venezuela stands at a critical juncture, facing a confluence of challenges that impede its adherence to international standards. Within the broader context of global pharmaceutical production norms, the Venezuelan landscape presents a unique set of hurdles, necessitating a detailed examination of its current state and future prospects. The Current Landscape of Pharmaceutical Manufacturing in Venezuela Venezuela, once a flourishing hub for pharmaceutical production in Latin America, is now grappling with a myriad of socio-economic challenges. The country's economic instability, exacerbated by hyperinflation and a volatile political climate, has inflicted severe repercussions on its healthcare system and pharmaceutical industry. Challenges Confronting Venezuelan Pharmaceutical Manufacturing Economic Crisis: The economic downturn has profoundly affected the pharmaceutical sector, resulting in insufficient funds for technological ...