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The government of Russia’s capital Moscow has announced a record tender for the current year, which involves the establishment of production and further supplies of drugs on the total sum of 22.6 billion roubles ($342 million) by 2028.
Takeda Pharmaceutical Company Limited (TSE: 4502) announced the opening of a production site for NINLARO (ixazomib), an innovative drug for patients with multiple myeloma, at its Yaroslavl plant.
Marken has opened a new customer solutions center at its Moscow depot and will announce additional service offerings in the coming weeks.
In terms of the deal, two small ‘solution reactors’ will be built in SA as well as a commercial cyclotron for the production of radio-pharmaceuticals.
Leading Russian and foreign drug manufacturers operating in the local market have warned the national government about the forthcoming rise in prices that will come about as a result of certain innovations introduced by the Russian government in the national pharmaceutical industry.
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