Russia's Biocad to slash prices for strategically important drugs
Russia’s largest biotech firm Biocad has sent a package of documents for re-registration of the price of a number of vital medicines down by 50% to 91%.
Under these proposals, Russian medicine for serious diseases will become almost five-six times cheaper than the original drugs, and the state budget will be able to save over 1 billion roubles ($16.9 million), which can be spent on additional treatment of patients.
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