Foundation year: 1972

NACE classifier: Farmaceitisko preparātu ražošana

Valid certificates:

EU GMP for APIs and FDFs
US cGMP for certain APIs (FDA)
ISO 14001 Environmental Management System
ISO 17025 Laboratory Management System

JSC Olainfarm is the leading manufacturer in the chemical and pharmaceutical sector of the Baltic States with over 45 years of experience. We export to more than 60 countries worldwide; export share is near 75%.
Portfolio contains over 60 FDFs, 25 APIs and more than 20 Intermediates. The key areas of specialization in FDFs include neurology, cardiology, infectology and allergology. Olainfarm has a long-standing technological and know-how advantage in adamantane, quinuclidine and nitrofurane chemistry. The company owns the controlling stake in the leading Latvian food supplement company Silvanols, has its own chain of pharmacies Latvijas aptieka in Latvia, owns producer of elastic medical products Tonus Elast, producer of natural herbal medicines and food supplements NPK Biotest (Belarus), medical companies Klīnika DiaMed and Olainmed, eco-cosmetics company Kiwi Cosmetics.

Main markets

  1. 1. Belarus
  2. 2. Russia
  3. 3. Latvia
  4. 4. Netherlands
  5. 5. Ukraine
  6. 6. Uzbekistan
  7. 7. Germany

In which areas are looking for cooperation

  • Manufacturing of active pharmaceutical ingredients and pharmaceuticals

Products

Antibacterial agent belonging to the nitrofuran group. Furasol® will quickly and efficiently relieve sore throats and eliminate inflammatory process. Furasol® – antibacterial agent, effective against both gram – positive and gram – negative microflora, it is also effective against strains of such staphylococci and other bacteria that are resistant to antibiotics and other antibacterial agents.
Proton pump inhibitor. Omeprazole inhibits the secretion of gastric acid. Omeprazole Olainfarm is a medicinal product of choice for the treatment of diseases that require the inhibition of gastric acid secretion: • Gastroesophageal reflux diseases (GERD), including reflux esophagitis; • Acid reflux; • Dyspepsia caused by increased secretion of hydrochloric acid.
Fenkarol® blocks H1 histamine receptors and activates the enzyme diaminoxidase by reducing the concentration of histamine in the tissues. Pollinosis or hay fever (allergic rhinitis and conjunctivitis); Acute and chronic urticaria; Angioneurotic oedema; Dermatosis (eczema, neurodermitis, skin itching, etc.); Allergy caused by food or medicinal products.
Combined analgesic and anti – fever medicine. Gripofleks has a pleasant orange flavour. Does not contain sugar. For the reduction of influenza and common cold symptoms.
Ol – Citramons® tablets is a combined analgesic, antifebrile and anti-inflammatory medicine.
Ol – Askophen® tablets are a combined analgesic. Its activity is based on the ability of non-narcotic analgesics acetylsalicylic acid and paracetamol to inbit the enzyme cyclooxygenase; as a result, body tissues do not produce prostaglandins responsible for inflammation, fever and pain. Paracetamol and caffeine enhance the analgetic activity of acetylsalicylic acid.
Antibacterial agent belonging to the nitrofuran group. Furamag® is efficient against the most common pathogens causing urinary tract infections, for instance, E. coli. The use of Furamag®, does not develop a clinically significant resistance of micro – organisms.
Antifungal agent, triazole derivative. Antifungal agent with a systemic effect. Effective against: Candida albicans, Trihophyton, Aspergillus and other pathogens of fungal diseases.
Cholinesterase inhibitor, K+ and Na+ channel blocker. Neiromidin® restores and stimulates impulse transmission in the central nervous system and the peripheral nervous system: Reduces sensory disorders (feeling of itching and tingling); Increases muscle tone and muscle strength; Improves memory
Nootropic medicine. Phenibut, the active substance of Noofen®, can be considered either a derivative of g – aminobutyric acid (GABA), or a derivative of b – phenylethylamine. Noofen® possesses both a nootropic effect and tranquilising effect.
Daytime tranquilizer (non-benzodiazepine). Adaptol is fast-acting. Administration of Adaptol does not require interruption in work or studies, because it does not cause sleepiness, euphoria, or addiction.
Etacizin is antiarrhythmic treatment for heart rhythm disturbances.
Meldonium Olainfarm: Enhances the provision of cells with energy under hypoxic conditions; Improves blood circulation and blood supply to the areas affected by ischaemia; Reduces cell damage in the CNS – neuroprotective effect; The metabolites of Meldonium have a neuromediator effect – improve memory, concentration capacity, coordination of movements
Antiviral agent – amantadine derivative. Remantadin® is effective against influenza viruses of type A, as well as has an anti – toxic effect in cases of intoxication caused by influenza virus of type B. Remantadin® inhibits the viral replication cycle in early phases, possibly, by delaying the development of a viral capsid.
UROline contains moss cranberry extract.
Jogurt KID is a food supplement for children, an addition to daily meals.
Jogurt VIVO contains viable lactic acid bacteria.

Foundation year: 1972

NACE classifier: Farmaceitisko preparātu ražošana

Turnover in the last 5 years

Data are not able

Data are not able

Empty chart placeholder

Number of employees in total and after education in the last 5 years

Data are not able

Data are not able

Empty chart placeholder

In which areas are looking for cooperation

  • Manufacturing of active pharmaceutical ingredients and pharmaceuticals

Export volume over the last 5 years

Millions EUR

Source: Data collected by the Association of Latvian Chemical and Pharmaceutical Entrepreneurs from 2016 to 2020.

2016 2017 2018 2019 2020
77819000 77046000 n/a n/a n/a

Main markets

  1. 1. Belarus
  2. 2. Russia
  3. 3. Latvia
  4. 4. Netherlands
  5. 5. Ukraine

Investing in R&D

Data are not able

Data are not able

Empty chart placeholder

OLAINFARM AS

Description about enterprise:

JSC Olainfarm is the leading manufacturer in the chemical and pharmaceutical sector of the Baltic States with over 45 years of experience. We export to more than 60 countries worldwide; export share is near 75%.
Portfolio contains over 60 FDFs, 25 APIs and more than 20 Intermediates. The key areas of specialization in FDFs include neurology, cardiology, infectology and allergology. Olainfarm has a long-standing technological and know-how advantage in adamantane, quinuclidine and nitrofurane chemistry. The company owns the controlling stake in the leading Latvian food supplement company Silvanols, has its own chain of pharmacies Latvijas aptieka in Latvia, owns producer of elastic medical products Tonus Elast, producer of natural herbal medicines and food supplements NPK Biotest (Belarus), medical companies Klīnika DiaMed and Olainmed, eco-cosmetics company Kiwi Cosmetics.

Valid certificates:

EU GMP for APIs and FDFs
US cGMP for certain APIs (FDA)
ISO 14001 Environmental Management System
ISO 17025 Laboratory Management System

Products

Antibacterial agent belonging to the nitrofuran group. Furasol® will quickly and efficiently relieve sore throats and eliminate inflammatory process. Furasol® – antibacterial agent, effective against both gram – positive and gram – negative microflora, it is also effective against strains of such staphylococci and other bacteria that are resistant to antibiotics and other antibacterial agents.
Proton pump inhibitor. Omeprazole inhibits the secretion of gastric acid. Omeprazole Olainfarm is a medicinal product of choice for the treatment of diseases that require the inhibition of gastric acid secretion: • Gastroesophageal reflux diseases (GERD), including reflux esophagitis; • Acid reflux; • Dyspepsia caused by increased secretion of hydrochloric acid.
Fenkarol® blocks H1 histamine receptors and activates the enzyme diaminoxidase by reducing the concentration of histamine in the tissues. Pollinosis or hay fever (allergic rhinitis and conjunctivitis); Acute and chronic urticaria; Angioneurotic oedema; Dermatosis (eczema, neurodermitis, skin itching, etc.); Allergy caused by food or medicinal products.
Combined analgesic and anti – fever medicine. Gripofleks has a pleasant orange flavour. Does not contain sugar. For the reduction of influenza and common cold symptoms.
Ol – Citramons® tablets is a combined analgesic, antifebrile and anti-inflammatory medicine.
Ol – Askophen® tablets are a combined analgesic. Its activity is based on the ability of non-narcotic analgesics acetylsalicylic acid and paracetamol to inbit the enzyme cyclooxygenase; as a result, body tissues do not produce prostaglandins responsible for inflammation, fever and pain. Paracetamol and caffeine enhance the analgetic activity of acetylsalicylic acid.
Antibacterial agent belonging to the nitrofuran group. Furamag® is efficient against the most common pathogens causing urinary tract infections, for instance, E. coli. The use of Furamag®, does not develop a clinically significant resistance of micro – organisms.
Antifungal agent, triazole derivative. Antifungal agent with a systemic effect. Effective against: Candida albicans, Trihophyton, Aspergillus and other pathogens of fungal diseases.
Cholinesterase inhibitor, K+ and Na+ channel blocker. Neiromidin® restores and stimulates impulse transmission in the central nervous system and the peripheral nervous system: Reduces sensory disorders (feeling of itching and tingling); Increases muscle tone and muscle strength; Improves memory
Nootropic medicine. Phenibut, the active substance of Noofen®, can be considered either a derivative of g – aminobutyric acid (GABA), or a derivative of b – phenylethylamine. Noofen® possesses both a nootropic effect and tranquilising effect.
Daytime tranquilizer (non-benzodiazepine). Adaptol is fast-acting. Administration of Adaptol does not require interruption in work or studies, because it does not cause sleepiness, euphoria, or addiction.
Etacizin is antiarrhythmic treatment for heart rhythm disturbances.
Meldonium Olainfarm: Enhances the provision of cells with energy under hypoxic conditions; Improves blood circulation and blood supply to the areas affected by ischaemia; Reduces cell damage in the CNS – neuroprotective effect; The metabolites of Meldonium have a neuromediator effect – improve memory, concentration capacity, coordination of movements
Antiviral agent – amantadine derivative. Remantadin® is effective against influenza viruses of type A, as well as has an anti – toxic effect in cases of intoxication caused by influenza virus of type B. Remantadin® inhibits the viral replication cycle in early phases, possibly, by delaying the development of a viral capsid.
UROline contains moss cranberry extract.
Jogurt KID is a food supplement for children, an addition to daily meals.
Jogurt VIVO contains viable lactic acid bacteria.