Republic of Karelia prepared a draft law on the biopharmaceutical manufacturing

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The government of the Russian Republic of Karelia has prepared a draft law “On the Development of Biopharmaceutical Manufacturing in the Republic of Karelia.”

The document defines the basic concepts, objectives of biopharmaceutical manufacturing, as well as the legal framework for the state support to the entities involved in the manufacturing of biopharmaceuticals in the Republic of Karelia.

The main objectives of biopharmaceutical manufacturing are as follows:

  • Establishing and developing high-tech manufacturing facilities for dietary supplements and medicinal products
  • Attracting investments in the manufacturing of dietary supplements and medicinal products in the Republic of Karelia.

The state support will be provided to the entities involved in the manufacturing of biopharmaceuticals in the amount not exceeding 90% of personal income tax paid by such entity to the budget of the Republic of Karelia in the previous fiscal year according to the procedure established by the Government of the Republic of Karelia, for reimbursement of the following costs associated with the manufacturing of dietary supplements and medicinal products:

  • Certification and patenting
  • Acquiring machinery, equipment and tools to establish and/or develop and/or upgrade the manufacturing of dietary supplements and medicinal products
  • Acquiring raw materials and materials for manufacturing of dietary supplements and medicinal products.
SOURCE: gmpnews.ru
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