Analysts expect tightening of competition in Russian pharma market in 2024

28 December 2023
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The level of competition in the Russian pharmaceutical market will significantly tighten next year, as local drugmakers plan to overtake global producers in the segment of public procurements, reports The Pharma Letter’s local correspondent.

One of such companies is Biocad, which is trying to get its Ivlizi (divozilimab), a treatment for multiple sclerosis, to be included in the list of vital drugs. That will allow Biocad to participate in state tenders with this drug.

According to Biocad, the drug has not yet been included in the program for 14 high-cost nosologies (14 VZN), which provides some advantages to some of its major rivals in the local market.

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