Binnopharm aims to become leading player in Russian drug market

22 August 2024

The Russian pharmaceutical company Binnopharm Group is aiming to become one of the leading players in the domestic market in years to come and to begin exports of its drugs to foreign markets.

For this purpose, the company invested about 2 billion roubles (~$22.4 million) in the expansion of its production and R&D activities in the first half of 2024.

In addition to the domestic market, as part of the company’s plans is accelerating expansion in the Chinese market.

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