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About IVCO

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Who we are

Our story

IVCO injection pharmaceutical factory was established in 2005 and has been operating for 20 years.

IVCO started with 20 employees, one factory line, and the annual production capacity of 4.5 million units of 10 brands, with our continuous thrive for upgradation we are now more than 150 employees, with two factory lines, can produce large and small volume injection products more than 20 million per year, as well as hemodialysis, peritoneal dialysis, and CRRT treatment solutions.

We are reaching to Mongolian population through public and private hospitals, pharmacies, and 1,700 health institutions such as the Ministry of Health under tender and commercial contracts.

Since our establishment, the factory has been operating in accordance with the rules of good manufacturing practice/GMP/, in 2013, it was audited by Certipharm, France and received international GMP approval.

IVCO pharmaceutical manufacturing facility
Our values

To provide high-quality, new-generation products that follow world-class standards for customers at competitive prices, continually.

01

Quality & Service

We never settle on standards. Every product we manufacture strictly adheres to world-class GMP guidelines to ensure safe, reliable, and timely care for patients.

02

Partnership & Collaboration

We succeed together. We build enduring trust with our employees, pharmacies, and the Ministry of Health through transparency and consistent action.

03

Humanity & Loyalty

We put human life first. Every decision we make is driven by an unwavering dedication to our nation and a deep commitment to improving the health of the people.

Our people

Our team

The people behind our commitment to quality.

Tserendorj Lookhondorj — placeholder portrait

Tserendorj Lookhondorj

Chief Executive Officer (CEO)

2004-Present

Dulguun Otgonbaatar — placeholder portrait

Dulguun Otgonbaatar

Chief Financial Officer (CFO)

2017-Present

Mungunzagas Namjiltseren — placeholder portrait

Mungunzagas Namjiltseren

Chief Marketing Officer (CMO)

Pharmacist

2018-Present

Bolormaa Janchivdorj — placeholder portrait

Bolormaa Janchivdorj

Production Manager and Qualified Person (QP)

Pharmacist

2004-Present

Urangoo Dalantai — placeholder portrait

Urangoo Dalantai

Human Resources (HR) Manager

2015-Present

Janibyek Zaim — placeholder portrait

Janibyek Zaim

Chief Engineer

2007-Present

Adiyakhorol Tsoodol — placeholder portrait

Adiyakhorol Tsoodol

Quality Control (QC) Manager

Pharmacist

2014-Present

Munkhtuvshin Bayandalai — placeholder portrait

Munkhtuvshin Bayandalai

Research and Development (R&D) Manager

Pharmacist

2014-Present

Burnee Purevsuren — placeholder portrait

Burnee Purevsuren

Quality Assurance (QA) Manager

Pharmacist

2019-Present

Our capabilities

What sets us apart in pharmaceutical manufacturing.

Advanced facilities

Modern manufacturing facilities equipped with automated systems and advanced technology for precise production.

Expert team

Highly skilled professionals with extensive experience in pharmaceutical manufacturing and quality assurance.

Quality focus

An unwavering commitment to quality at every stage, from raw-material sourcing to final product delivery.

Continuous improvement

Ongoing investment in research, development and process optimization to maintain high manufacturing standards.

Our journey

A history of progress

Milestones in manufacturing, quality and international growth.

2004 — 2026

  1. Our foundation

    • The IVCO injection pharmaceutical factory was established, and the main production building was built and prepared for manufacturing.

  2. Production begins

    • Started production using French IMP equipment with a capacity of 1 million units (500 ml) per year.
    • Introduced LAL testing and Sartocheck quality control methods for the first time in Mongolia.

  3. National product recognition

    • “Hemodialysis Solution 5300ml” was awarded “Best National Product.”

  4. Expanding our capacity

    • Expanded the factory and increased production capacity to 10 million products per year by installing new equipment.

  5. National recognition

    • Awarded “Best National Pharmaceutical Company.”

  6. Technology and responsibility

    • Awarded “Best Taxpayer.”
    • Introduced air particle measurement technology in the sterile zone.

  7. Advancing sterility testing

    • Awarded “Best Pharmaceutical Factory.”
    • Started sterility testing under ISO 5 conditions (using bio-isolators).

  8. New production and international GMP

    • Set up a production line for small-volume intravenous and intramuscular sterile solutions with polypropylene (PP) packaging, specifically for narcotic and psychotropic substances.
    • Received an international GMP certification audit by French Certipharm.
    • Awarded “Best National Pharmaceutical Factory.”

  9. Award-winning products

    • PP-packaged injections and Heparin (5,000 IU/ml) received the “Best Product” and “Best Drug” national awards.

  10. National GMP certification

    • Received “National GMP No.01” Certification.
    • Built a new 1,620 m² warehouse for raw materials and products.
    • Started localizing hemodialysis treatments.

  11. Renewing our quality commitment

    • Successfully renewed the GMP certification following an audit by the French company Certipharm.

  12. New packaging technology

    • Introduced a new line of parenteral solutions featuring non-PVC packaging materials.

  13. Connected operations

    • Fully implemented the Odoo ERP system into daily operations (in development since 2013).

  14. Entering the Kyrgyz market

    • Officially registered 4 PP-packaged narcotic and psychotropic products in the Kyrgyz Republic.

  15. Clean room development

    • A Grade “C” clean modular room for preparation procedures was assembled.

  16. Infrastructure and analytical testing

    • Built a new 2,585 m² warehouse for finished products, API storage, and a cold room.
    • Introduced the Total Organic Carbon (TOC) testing method for distilled water.

  17. Continued GMP excellence

    • Successfully renewed both International and National GMP certifications for another 3 years.
    • A Getinge steam autoclave was put into operation.

  18. Expanding into Cambodia

    • Received a 5-year registration certificate to officially export pharmaceutical products to Cambodia.

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