Rouble devaluation puts Russian salaries on par with China

The devaluation of the rouble has brought Russian salaries on par with those in China, according to a…

Member states prepare groundwork for EEU single drugs market

EEU single drugs market: Officials from EEU member states are in the process of finalizing a package of…

Novo Nordisk opens $100m insulin factory in Kaluga pharmaceutical cluster

Danish multinational pharmaceutical company  Novo Nordisk last week opened a $100m insulin manufacturing plant in the central Russian region…

Health Minister ordered to stockpile critical drugs by Medvedev

Health Minister ordered to stockpile critical drugs: Russia’s Prime Minister Dmitry Medvedev has instructed Health Minister Veronika…

Sun Pharma subsidiary looks at building Russian pharmaceutical plant

India’s Sun Pharma is considering establishing a production plant in Russia for Ranbaxy, the pharmaceutical company it is currently in…

Abbott Laboratories acquires Veropharm

Abbott Laboratories acquires Veropharm: The American pharmaceuticals company Abbott Laboratories has gained control of  Russian  pharmaceutical manufacturer Veropharm…

Russian medical supplies dwindle as drug manufacturers cut back

Russian medical supplies:  Foreign manufacturers are cutting their production volumes of vital life-saving medications destined for Russia  as…

Belarus pharmaceutical industry goes for global acceptance

Belarus pharmaceutical industry: Belarus has signed up to the international Pharmaceutical Inspection Cooperation, paving the way for…

Abbot buys Veropharm

Abbot buys Veropharm: The US healthcare company Abbot has entered into a definitive agreement to acquire leading…

R-Pharm in Turkish biotech plant investment

R-Pharm in Turkish biotech plant investment: Pharmaceutical producer R-Pharm is to invest €30m in the construction…

Millhouse and Pharmstandard stalk Biocad

Millhouse and Pharmstandard: Roman Abramovic’s investment vehicle Millhouse and the pharmaceutical company Pharmstandard are planning to buy Biocad, the biopharmaceutical…

Binnopharm and Fresenius Kabi in JV

Binnopharm and Fresenius Kabi:  Sistema’s pharmaceutical subsidiary Binnopharm has entered into a JV with Germany’s Fresenius…