Sanofi experiencing serious supply problems from its Russian plant to EU market

6 December 2023
sanofi_large

French drugmaker Sanofi (Euronext: SAN) is experiencing serious problems in Russia, as due to logistical problems, the company almost stopped exporting insulin from its Russian plant to the European Union, which was one of the main conditions of the special investment contract (SPIC) with the Russian state, which involves the provision of serious tax benefits for the company, reports The Pharma Letter’s local correspondent.

According to Russian Kommersant business paper, citing RNC Pharma, the Russian pharma analytics agency, in 2022–2023, Sanofi practically did not ship insulin produced at the company’s plant in the Oryol region abroad; the last large deliveries were in 2021 to Germany, where 2 million packages were sent.

Earlier, Sanofi Russia corporate relations director Yuri Mochalin told the Russian media that additional volumes of the drug were supplied to Germany. According to him, now the Oryol Sanofi Vostok plant has focused on supplies to the domestic market due to current logistics problems.

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

Companies featured in this story

More ones to watch >


Today's issue

Company Spotlight





More Features in Pharmaceutical