HRV Global Life Sciences, a virtual integrated pharmaceutical company, delivers the first shipment of anti-diabetic medications to Mendoza, Argentina. The consignment of USFDA-qualified Metformin (1000mg) was received by the province of Mendoza for distribution in the public health system.
This was made possible through the leadership of Mendoza’s Governor Alfredo Cornejo and India’s Ambassador to Argentina, Dinesh Bhatia. The structural changes in policy brought by President Javier Milei, the Minister of Health Mario Lugones and Minister of Deregulation Federico Sturzenegger aided this undertaking. The Province of Mendoza invested $150,000 in this initiative, achieving estimated savings of 45-50 per cent compared to regular prices.
The scope of this initiative is being extended to more provinces of Argentina and additional therapeutic segments, including Oncology and Cardiology. These medications were manufactured in HRV’s CDMO partner site and serve as the validation of HRV’s virtual pharma model for the first time in India for both API and FDF.