Russian government to double the volume of localized APIs within next five years

The Russian government plans to double the volume of localized active pharmaceutical ingredients (APIs) within the next five years, that will ensure Russia’s state security in the field of pharmaceutics.

This has been recently announced by Anton Alikhanov, Russia’s Minister of Industry and Trade, who is a state official personally responsible for the development of pharmaceutical sector in the Russian government.

He said during the recent Bioprom forum that, as one of Russia’s most important events in the field of pharmaceutics, as of now, Russia has almost completely localized the production of drugs from the list of vital and essential, while the same plans are in case of active ingredients. According to the Minister, the volume of their production in Russia will be doubled within the next 5 years.