Tag: IDF

Industrial Development Fund (IDF) – a state institution and the institution of the Russian Federation, an important element of the state system of measures aimed at improving the global competitiveness of the Russian industry and of import substitution policies.
The main task of the fund is to provide loans to industrial companies on favorable terms for the development of import-substituting and export-oriented industries and the transition to the best available technology.

Four more pharma manufacturers will receive loans to buy labeling equipment

IDF programs allow Russian companies to access preferential loan financing required for launching the manufacturing of unique local products, as well as the analogs of advanced international products.

IDF approved the first loan under Drug Labeling program

The Expert Council of the Industrial Development Fund (IDF) has approved the first loan under the Drug Labeling program. The loan was provided to Polysan Scientific & Technological Pharmaceutical Company from St. Petersburg.

Loans to purchase drug labeling equipment are available at 1% per annum

Industrial Development Fund (IDF) launched a new preferential lending program for the purchase of drug labeling equipment. The key feature of the program is that the company is not required to co-finance the project.

Manufacturing of nonwoven materials for medicine was launched in Tver region

Hexa – Nonwoven Materials LLC, a borrower of Industry Development Fund (IDF), has launched a new production facility for manufacturing high-tech specialized composite nonwoven materials

IDF provides loans to manufacture isopropanol and self-destructing syringes

Kostroma-Medico, a company from Kostroma, plans to produce self-destructing syringes with special auto-disable mechanism triggered after the first use of the syringe

Russian government elaborated a mechanism for drug labeling support

marking drug
The Russian Ministry of Industry and Trade published the Rules for providing the federal subsidies to the Russian Foundation for Technological Development

Biocom starts a large-scale program to upgrade its production facility

According to Alexander Sergeev, the head of JSC Biocom, the company starts implementation of a large-scale 500 million ruble program to upgrade its production facility.

IDF will allocate 60 million rubles for manufacturing of hepatitis A vaccine

The Expert Council of the Industrial Development Fund (IDF) has approved a loan for organizing the manufacturing of hepatitis A vaccine in Novosibirsk

Import substitution project of Grotex is a jubilee for the IDF

A jubilee award in honor of the Industrial Development Fund’s 150th project was presented to the pharmaceutical company Grotex, which is planning a third phase of construction at its plant in St. Petersburg.

Industrial Development Fund may allocate 500 million rubles to Solopharm

On April 13, the Expert Council of the Industrial Development Fund (IDF), approved a loan under the Development Projects program for Grotex LLC, a St. Petersburg-based company, reported Vedomosti news...

The Director of the Federal Industry Development Fund builds familiarity with “Nanolek” production

On January 18, Alexey Komissarov, Director of the Federal Industry Development Fund, paid a working visit to Kirov region. The first production site that he visited was a biomedical complex NANOLEK wh...

The borrower of IDF has established medicines manufacturing in Kurgan

On December 22, 2016, the LLC "Velfarm" (the Borrower of the Industrial Development Fund - IDF) has established an import-substituting medicine production, that conforms to GMP international standards...