Please login to the form below

Not currently logged in
Email:
Password:

Russia to fast-track Indian pharma's drug registrations

Memorandum of understanding will fast-track Indian drugs to market in Russia and also boost Indian pharma companies' investment in Russian infrastructure

India will next month sign a deal with Russia to speed up the registration of Indian drugs in the country.

The forthcoming memorandum of understanding will fast-track Indian drugs to market in Russia and also boost Indian pharma companies' investment in Russian infrastructure, according to a report by The Economic Times.

Devendra Chaudhry, joint secretary at India's Department of Pharmaceuticals, told the Pharma Summit 20011: "The industry could come forward with workable models to help the government to set up infrastructure in Russia. We are also talking to Indian companies to set up testing facilities and infrastructure in Russia to get bigger market share in that country."

India's third-largest destination for pharma exports is the Commonwealth of Independent States (CIS), the organisation of former Soviet republics of which Russia is the largest member.

In 2009-10 the CIS accounted for 8% of exports, behind the US (22%) and Africa (16%).

4th November 2011

Share

Featured jobs

Subscribe to our email news alerts

PMHub

Add my company
Health Unlimited

Health Unlimited is a global health consultancy and communications agency built by specialists with unmatched experience, perspective and expertise. For...

Latest intelligence

How can pharma engage with key stakeholders on NHS service transformation?
Steve How, Paul Midgley and Oli Hudson, of the Wilmington Healthcare consulting team, explain how pharma should make its case for change...
michael elliot
The race for an HIV ‘cure’
Supercharging therapies as pharma and patients work together...
Medopad: the up and coming unicorn transforming remote patient monitoring
Blue Latitude Health speaks to Medopad’s Martha Carruthers to learn how the start-up’s modular apps are helping patients with complex diseases....

Infographics