Eurasian chemical market

Pharmaceutical Production in Russia: Course towards Innovations

The Russian pharmaceutical industry has grown substantially in recent years and has enormous potential for further development with an estimated compounded annual growth rate of about 13%. Representing about 3.6% of the European pharmaceutical industry it is expected to reach a value of USD 10.7bn by the year 2014 and over USD 25bn by 2020.

For detailed information about pharmaceutical production in Russia, please read the article in the latest issue of our magazine (#3, 2013 (75)). 

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