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Press Release

On Home Member State

Posted on: 29 Sep 16

Joint Stock Company “Grindeks” (Issuer) in accordance with Article 3.1, Part 7.1 of the Law on the Financial Instruments Market of the Republic of Latvia notify that the home member state of Issuer is Latvia.

The filled standart form of ESMA to be found as attached.



About “Grindeks” 

“Grindeks” is an international, vertically integrated pharmaceutical company. The main fields of action are research, development, manufacturing and sales of original products, generics and active pharmaceutical ingredients. The Group of “Grindeks” consists of five subsidiary companies in Latvia, Estonia, Russia and Slovakia as well as representative offices in 13 countries.

“Grindeks” specializes in the heart and cardiovascular, CNS and anti-cancer medication therapeutic groups. A range of products covers a successful combination of original products and generics, with the original products Mildronate® and Ftorafur®. Currently “Grindeks” produces 25 active pharmaceutical ingredients.

In 2015, products of the company were exported to 70 countries, comprising 90% of the total turnover. The key markets include the EU countries, Russia and other CIS countries, the U.S., Canada, Japan and Vietnam.

To increase a production capacity and develop infrastructure, since 2002 “Grindeks” has accomplished many significant investment projects, investing more than 70 million euro over the years.



         Further information:
         Laila Klavina
         Head of the Communications Department, JSC “Grindeks”
         Phones: (+371) 67083370, (+371) 29256012
         Fax: (+371) 67083505


Last updated on: 02/10/2016

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