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The Russian pharmaceutical market may have grown 43% to $6.5 billion in 2005, the Remedium group of companies said in data presented at an Interfax press conference on Wednesday.

26.02.2006 00:00

The bear comes to market

This year companies domiciled in the former Soviet Union have raised more than £1.5bn from share issues through the London Stock Exchange and the Alternative Investment Market. Last year, the figure was £45bn.
The company has entered into a Memorandum of Understanding or MoU with a Russian firm to supply approximately 150 MT of films per month for next three years.
Banks, pharmaceutical companies and some of Hungary’s IT pioneers were among the strongest performers in 2005, it was revealed last week as publicly listed enterprises submitted their obligatory annual reports.
Alliance UniChem has reached an agreement to acquire a 96% controlling stake in Russia's A.P. Apteka Holding Ltd, for approximately GBP18 million.
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