Barrier-free regulatory regime for biosimilars promised for BRICS countries

13 December 2024

The HSE University BRICS Competition Law and Policy Centre has summarized the first results of its annual analytical study on bringing biologics to the BRICS market.

One of the conclusions of the report was the need to conduct a large-scale sectoral study on the removal of barriers in the pharmaceutical industry in the BRICS region—comprising Brazil, China, Egypt, Ethiopia, India, Iran, Russia, South Africa and United Arab Emirates.

As a first step, it is proposed to focus on the development of biologics markets and accelerating the entry of biosimilars into the BRICS markets.

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