Western Asia pharmaceuticals tenders

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The pharmaceutical industry discovers, develops, produces, and markets drugs or pharmaceutical drugs for use as medications to be administered to patients (or self-administered), with the aim to cure them, vaccinate them, or alleviate symptoms. Pharmaceutical companies may deal in generic or brand medications and medical devices. They are subject to a variety of laws and regulations that govern the patenting, testing, safety, efficacy and marketing of drugs. The global pharmaceuticals market produced treatments worth $1,228. 45 billion in 2020 and showed a compound annual growth rate (CAGR) of 1. 8%.

Western Asia, West Asia, or Southwest Asia, is the westernmost subregion of the larger geographical region of Asia, as defined by some academics, UN bodies and other institutions. It is almost entirely a part of the Middle East, and includes Anatolia, the Arabian Peninsula, Iran, Mesopotamia, the Levant, the island of Cyprus, the Sinai Peninsula, and partly the Caucasus Region (Transcaucasia). Out of the 21 countries located fully or partly within the region, 13 are a part of the Arab world. The most populous countries in Western Asia are Iran, Turkey, Iraq, Saudi Arabia and Yemen. The economy of Western Asia is diverse and the region experiences high economic growth. Turkey has the largest economy in the region, followed by Saudi Arabia and Iran. Petroleum is the major industry in the regional economy, as more than half of the world's oil reserves and around 40 percent of the world's natural gas reserves are located in the region. Countries in Western Asia - Armenia, Azerbaijan, Bahrain, Cyprus, Georgia, Iraq, Israel, Jordan, Kuwait, Lebanon, Oman, Palestine, Qatar, Saudi Arabia, Syrian Arab Republic, Turkey, United Arab Emirates, and Yemen.