St. Petersburg authorities may sign 3-4 SPICs with pharma companies in 2018

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In 2018, the authorities of St. Petersburg expect to conclude Special Investment Contracts (SPIC) with 3-4 pharmaceutical companies, said Maxim Meyksin, Chairman of the Committee on Industrial Policy and Innovation of the city.

“Many projects are under discussion now. I think that there will be at least 3-4 contracts this year. Negotiations with Active Component and Polysan are in the active stage,” he added.

According to the Chairman of the Committee, about 20 projects in different sectors of the economy will enter the active stage of SPIC conclusion procedure by the end of this year.