Russia approves new state strategy for pharmaceutical industry

4 September 2018

A new state strategy for the development of the domestic pharmaceutical industry, known as "Strategy for the development of the pharmaceutical industry of Russia until 2030," has been recently approved by the Russian Ministry of Industry and Trade, with the aim to bring the Russian pharmaceutical production to a new level.

At the heart of the new strategy is increasing the domestic production of innovative drugs and the beginning of their massive exports to abroad, primarily to emerging nations of Asia-Pacific, Latin America and Eastern Europe, reports The Pharma Letter’s local correspondent.

According to an official spokesman for Russian Minister of Health Veronika Skvorstsova, in recent years the quality of domestically-produced drugs has significantly improved, while the range has become more diversified. At the same time, in addition to common drugs, the production of vaccines has also increased.

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