Russian drug production to decline due to lack of raw material supplies from China

3 March 2020
russia_lake_stock_large

The production of drugs in Russia may decline significantly this year, due to the almost complete suspension of the supplies of raw materials for their production from China, according to recent statements by representatives of some leading drugmakers in Russia and local analysts, reports The Pharma Letter’s local correspondent.

China has traditionally been the largest supplier of active pharmaceutical ingredients (APIs) for the Russian industry.

According to data from the Russian Chamber of Commerce and Industry, currently Russia has enough reserves until April. However, if the situation in China does not stabilize, this could lead to higher prices and even the disappearance of some drugs from the domestic market.

This article is accessible to registered users, to continue reading please register for free.  A free trial will give you access to exclusive features, interviews, round-ups and commentary from the sharpest minds in the pharmaceutical and biotechnology space for a week. If you are already a registered user please login. If your trial has come to an end, you can subscribe here.

Login to your account

Become a subscriber

 

£820

Or £77 per month

Subscribe Now
  • Unfettered access to industry-leading news, commentary and analysis in pharma and biotech.
  • Updates from clinical trials, conferences, M&A, licensing, financing, regulation, patents & legal, executive appointments, commercial strategy and financial results.
  • Daily roundup of key events in pharma and biotech.
  • Monthly in-depth briefings on Boardroom appointments and M&A news.
  • Choose from a cost-effective annual package or a flexible monthly subscription
The Pharma Letter is an extremely useful and valuable Life Sciences service that brings together a daily update on performance people and products. It’s part of the key information for keeping me informed

Chairman, Sanofi Aventis UK



Today's issue

Company Spotlight





More Features in Generics