ChemRar High Tech Center (ChemRar), a Russian pharma investment and R&D group, and local distributor Lancet have agreed to collaborate for research, development and commercialization of new medicines in Russia with the intention to stimulate the innovative development of the Russian pharmaceutical industry.
Through the partnership ChemRar and Lancet plan to develop and manufacture new drugs in major therapeutic areas which are a high priority for the Russian Federation health care system according to the significant government strategy PHARMA-2020. The parties have agreed to co-invest in the further development of manufacturing capacities in order to localize the pharmaceutical production in the Russian Federation. The companies are supposed to carry out joint activity with use of complementary competences in development, production, distribution and marketing of innovative medicines in Russia and EEU (the Eurasian Economic Union).
Hope to successfully transform scientific achievements into quality products
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