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Swiss pharma giant Novartis (NOVN: VX) is considering accelerating expansion in the Russian market of anti-cancer drugs in the coming years, according to the company.
The launch of a new Russian-Nicaraguan vaccine production, which was recently established in the city of Managua with the aim of becoming one of the largest in Central and Latin America, will be postponed for the end of the current year, according to press-service of the Russian Ministry of Health.
Bosnalijek, Bosnia and Herzegovina’s largest drugmaker, is considering building a plant for the production of its drugs in the Russian city of Kaluga, according to the company.
Indian generic drugmaker Hetero Labs has announced plans to build a plant for the production of drugs against cancer and AIDS in Russia.
Swiss pharma giant Roche  has signed an agreement with IM Sechenov First Moscow State Medical University, Russia’s oldest and the largest national medical higher educational institution, on investing 5 billion roubles ($84 million) on conducting R&D activities and the development of new drugs in Russia
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