UK pharma major GlaxoSmithKline (LSE: GSK) plans to become a leading supplier of anti-HIV drugs for state needs in Russia, according to sources in the Russian Ministry of Health, reports The Pharma Letter’s local correspondent.
To date, the company has secured several contracts with the Russian government for the supplies of anti-HIV and other drugs totaling more than 1.5 billion roubles ($24 million) for the current year. The company decided to not use services of distributors and directly sign contracts with the federal Ministry of Health.
GSK confirmed the decision to independently participate in deliveries of anti-HIV drugs to the Russian government, by saying that “it will lead to ensuring the stability of supplies and will contribute to the most optimal planning."
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