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The Russian government is considering providing support to the domestic pharmaceutical producers planning to export their drugs, according to recent statements by Russia’s Prime-Minister Dmitry Medvedev, reports The Pharma Letter’s local correspondent.
Pfizer was a little behind some of its peers in establishing local manufacturing in Russia, but it's on a roll now, having just announced its third deal in several years. It is hammering out an agreement with Russia’s NovaMedica for a new manufacturing plant.
Following an investigation by the Russian Federal Antimonopoly Service (FAS) into prices of pharmaceutical products, the government may institute a criminal penalty for unfounded price increases.