Forming Strategies to Increase Competitiveness in Local Pharmaceutical Enterprises

Authors

  • Khasanov Sokhib Latifovich Independent researcher at Tashkent State University of Economics, Uzbekistan

DOI:

https://doi.org/10.31150/ajebm.v8i7.3830

Keywords:

Pharmaceutical Industry, Competitiveness, Local Manufacturer, Innovative Development, Quality Standards, Export Potential, Pharmaceutical Clusters, Technological Modernization, Marketing Strategy, State Support, Supply Chain, Import Dependence, Human Resources Potential

Abstract

This article comprehensively analyzes the issue of increasing the competitiveness of domestic pharmaceutical enterprises in Uzbekistan. Based on the analysis of the reforms being implemented by the state, the current situation in the market, technological and economic opportunities, the problems and development prospects of the industry have been identified. The analysis was conducted based on indicators such as pharmaceutical exports for 2020–2024, sales volumes in the domestic market, import dependence, and compliance with quality standards. Taking into account the theoretical views of scientists, international experience, and local conditions, specific and practical recommendations have been developed to increase the competitiveness of domestic pharmaceutical enterprises.

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References

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[13] S. Latifovich, “Branding Strategies for Improving Competitiveness in Local Pharmaceutical Companies,” in Proc. GlobalBiz Summit: Business and Economic Strategies for the Future, vol. 1, pp. 1–5, 2025.

[14] L. B. Likuyani, “Strategies adopted by multinational pharmaceutical corporations to cope with competition in Kenya,” 2015.

[15] R. O. Salimbaeva, A. A. Tagay, A. Bulambaev, and K. Meyrambek, “Formation and Implementation of Competitive Strategies in Pharmaceutical Companies,” Of Biological and Medical, vol. 17, 2020.

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Published

2025-07-23

How to Cite

Latifovich, K. S. (2025). Forming Strategies to Increase Competitiveness in Local Pharmaceutical Enterprises. American Journal of Economics and Business Management, 8(7), 3462–3468. https://doi.org/10.31150/ajebm.v8i7.3830

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