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David Aylen
Covid-19 has compounded the Russian government s determination to push on with its localisation agenda and to move quickly on many other healthcare-related initiatives, such as online pharmacies. Gowlings’ comprehensive report, now in its third edition, presents an invaluable status report and extensive review of the trademark aspects of the pharmaceutical industry in Russia today – a market valued at almost $30 billion, according to the recent Deloitte report “Russian Pharmaceutical Trends in 2020”.
With a population of 145 million people, Russia has the world’s 14th largest pharmaceutical market in terms of volume of sales, with almost 8% annual market growth before the pandemic. At the same time, more than 70% of medicines in the commercial sector are imported from abroad.
RussiaRussianSupreme-arbitration-courtRussian-ministry-of-healthcareDeloitteRussian-ip-courtPharmaceutical-trendsDraft-pharmaSupreme-arbitrationRussian-ministrySocial-development