German pharmaceutical company Bayer and Yunona Holdings, representing the Ural Pharmaceutical Cluster (UPC) of Russia have entered a memorandum of understanding to manufacture drugs in Russia. The companies intend to establish themselves in the fields of production, marketing and distribution of pharmaceutical products in Russia, inpharm.com reported.The UPC which is a complex of interconnected production and infrastructure facilities is known to manufacture and sell medicines and medical equipment.The cluster has received funds worth 27.3 bn roubles (around $860m) from Russia’s economic development programme between 2010 and 2015.
Bayer joins Russian firm to manufacture drugs
Subscribe
- Never miss a story with notifications
- Gain full access to our premium content
- Browse free from any location or device.
Media Packs
Expand Your Reach With Our Customized Solutions Empowering Your Campaigns To Maximize Your Reach & Drive Real Results!
– Access the Media Pack Now
– Book a Conference Call
– Leave Message for Us to Get Back
Related stories
BioPharma
Green Chemistry in EU Shapes Pharmaceutical Intermediates
Green chemistry is a cutting-edge scientific discipline that focuses...
Drug Research
Reviving Old Drugs with Specialty Intermediates in Europe
Drug development in the European pharmaceutical industry is undergoing...
Business & Industry
EU Green Regulations Impact Pharmaceutical Chemical Industry
Pharma specialty chemicals companies have been experiencing serious challenges...
News
Indian Pharma Grows 8% CAGR, Surpassing Global Average
The Indian pharma sector has seen 8% CAGR growth...
Latest stories
Related stories
BioPharma
Green Chemistry in EU Shapes Pharmaceutical Intermediates
Green chemistry is a cutting-edge scientific discipline that focuses...
Drug Research
Reviving Old Drugs with Specialty Intermediates in Europe
Drug development in the European pharmaceutical industry is undergoing...
Business & Industry
EU Green Regulations Impact Pharmaceutical Chemical Industry
Pharma specialty chemicals companies have been experiencing serious challenges...
News
Indian Pharma Grows 8% CAGR, Surpassing Global Average
The Indian pharma sector has seen 8% CAGR growth...
Subscribe
- Never miss a story with notifications
- Gain full access to our premium content
- Browse free from any location or device.
Media Packs
Expand Your Reach With Our Customized Solutions Empowering Your Campaigns To Maximize Your Reach & Drive Real Results!
– Access the Media Pack Now
– Book a Conference Call
– Leave Message for Us to Get Back
