One more important company producing nootropics is OlainFarm. What do we know about this company?
About the company
The company was founded in 1972 as a state-owned enterprise called the Olaine Chemical-Pharmaceutical Factory, whose main goal was to provide pharmaceutical substances and intermediates to all the factories of the Soviet Union engaged in the production of finished dosage forms.
Today Olainfarm is one of the largest representatives of the pharmaceutical industry in Latvia and other Baltic countries, with 46 years of manufacturing experience in the field of pharmaceuticals, active chemical substances, and other chemicals. Products of this company are exported to more than 50 countries, only about 15% of products are sold in Latvia. The largest export markets are Russia, Ukraine, Belarus, Kazakhstan, the Netherlands, Uzbekistan, and the United Kingdom. Australia is the most distant export market.
Since 2011, Olainfarm has been supplying anti-tuberculosis drugs to the World Health Organization.
Also, Olainfarm is a big concern, which includes Silvanols, a Latvian green pharmaceutical enterprise, pharmacy chain Latvijas aptieka, medical elastic product manufacturer Tonus Elast, manufacturer of natural medicines and food additives NPK Biotest (Belarus), medical institutions Klīnika DiaMed and Olainmed, manufacturer of eco-cosmetics Kiwi Cosmetics.
The company’s product portfolio includes over 60 finished dosage forms, 25 active pharmaceutical substances, and more than 20 chemical intermediates.
OlainFarm specializes in medicines for the health of the nervous system, heart and blood vessels, antibacterial, antiviral and antiallergic drugs. In the direction of chemical and pharmaceutical products, particularly rich experience has been gained in the production and development of adamantane, quinuclidine, and nitrofuran preparations.
License and Production
The company employs about 1,000 highly qualified specialists. The company owns modern technologies from international practice and has a certificate of conformity for the production of medicines of Good Manufacturing Practice (GMP), environmental certification of compliance with ISO 14001:2004, and also certified in accordance with the standard of the United States inspection (FDA). All the certificates you can see on the certificates page on their official website. Moreover, if you are interested in production and not afraid of just a little bit of Russian language, you can also have a walk around the OlainFarm laboratories, they have a 360° tour for you!