Russia's FAS designs mechanism for withdrawal of licenses on drugs production in Russia

13 December 2016
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The Russian Federal Antimonopoly Service (FAS) has designed a mechanism for the withdrawal of licenses on the production of drugs in Russia from their rightful owners, according to Igor Artemyev, head of the FAS.

It is planned that the decision will be taken by the national government and will mostly take place in emergency situations, such as an epidemic. At the same time, among the reasons for the withdrawal will be the decision of a rightful owner to refuse to supply to Russia for no good reason, as well as their supplies with monopolistically high price.

According to Timothy Nizhegorodtsev, head of the department of Social Sphere and Trade of the FAS, the withdrawal of a patent will take place even if a drug is not sold in Russia, or its manufacturer does not conduct business within the country.

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