Russia increases purchases of anti-COVID-19 drugs

20 July 2021

In anticipation of the third wave of the pandemic, the Russian government has significantly increased purchases of anti-COVID-19 drugs, according to recent statements by state press-service and local media reports.

In the first five months of the current year the value of state purchases on such drugs amounted to 40 billion roubles ($539 million). According to the Russian Kommersant newspaper, which cites the report of local analytics company Headway Company, this is four times more the funds spent during the period of December 2019 - May 2020. A significant part of these funds was allocated to the purchases of favipiravir – the drug, the effectiveness of which still sparks serious doubts.

The value of government purchases from December 2020 to May this year amounted to 6.6 billion roubles. Currently favipiravir generics are currently produced by three Russian companies - R-Pharm, Promomed Rus and Khimrar.

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