Sofinnova Partners, a leading European venture capital firm specialized in Life Sciences, announced the launch of Sofinnova Crossover I with €275 million, above the original first close target of €250 million.
The increase experienced in the domestic industry with the incentives issued by the government in a program with the pharmaceutical industry among primary strategic products, drew the attention of top pharma players to Turkey.
Ukrainian health sector legislative base is still weak, and health reforms only just starting to kick in, experts say better regulation and a systematic approach to reform are still needed to nurse the sector back to health.
A delegation of the Russian Ministry of Industry and Trade lead by the Head of the Department of Pharmaceutical and Medical Industry Development – arrived in Italy with a mission to support cooperation between the countries.
The Russian Minister of Industry and Trade, said that he expects drug manufacturing to grow in 2018. The innovative approaches require the adjustments to the development strategy of pharmaceutical industry.
Companies’ financial success is often down to the strategic deals they are able to make with other pharmaceutical companies to enable them to develop the next leading drug in the market, observes GlobalData
The production of high-quality, domestically manufactured drugs in the key segments allows to make significant savings of budgetary funds and reduces the dependence of Russian health care system on the imports of medicines
Participants in the pharmaceutical market are concerned about a lack of transparency in the formation of the National List of Essential Medicines, as well as the definition of nosologies that it covers
Pharmcontract Group was highly praised and recognized for its significant contribution to the development of the Russian economy, including both the fair payment of taxes and achievement of strong economic performance
The first-ever Antimicrobial Resistance Benchmark will map the actions of 30 pharmaceutical companies across three research areas: Research & Development, Manufacturing and Production, Access & Stewardship
Russian President Vladimir Putin held a working meeting with the Minister of Industry and Trade Denis Manturov. The Minister briefed Mr. Putin on the development of the real sector of the economy in 2017.