Nanolek and Bilthoven Biologicals to start first production of inactivated polio vaccine in Russia

17 January 2013

Nanolek, a joint venture between RusNano with Russian biotechnology company Epidbiomed, has signed an agreement with the Dutch biotech firm Bilthoven Biologicals (acquired last year by the Serum Institute of India; The Pharma Letter July 6, 2012) on establishing production of inactivated polio vaccine.

The exact amount of investments in the project is not officially disclosed but, according to some sources close to the project, it could be in the range of $50 million-$70 million.  Under the terms of the agreement between the parties, Bilthoven Biologicals has provided the Russian companies with an exclusive license to manufacture and distribute the finished form of the vaccine in the territory of the Customs Union of Russia, Kazakhstan and Belarus.

Since 2002, Russia has been recognized as polio-free country, however since 2010, 37 cases of polio have been registered in the country. In this regard, the country’s Health Minister in 2012 provided over 361 million roubles ($12 million) for the purchase of polio vaccines from abroad, mostly from France and Belgium.

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 Pharmaceutical