AstraZeneca first MNC to sign special investment contract with Russian government?

28 September 2017

Anglo-Swedish pharma major AstraZeneca (LSE: AZN) may be the first multinational drugmaker operating in Russia that could sign a special investment contract with the Russian government, Denis Manturov, Russia’s Industry and Trade Minister has recently said.

He noted that the duration of the contract will be 10 years, reports The Pharma Letter’s local correspondent.

A special investment contract involves investing at least 750 million roubles ($13 million) in the establishment of Russian production.

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