Growth in enigmatic Russian market not as good as it sounds, report says

11 April 2019

The Economist Intelligence Unit (EIU) has predicted that Russia’s pharma market will grow by nearly 5% in 2019 from 2018, in US dollar terms.

But an EIU report recognizes the challenges that exist in the Russian market, and overall paints a less than optimistic picture for foreign drugmakers and patients.

The past few years have been particularly difficult for the healthcare sector, with the country's economy weighed down by international sanctions, low oil prices and currency devaluation.

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