Russian government to subsidize labeling costs of pharma producers

13 January 2018

The Russian government has announced that it will provide subsidies for domestic drugmakers and foreign companies operating in the local market for the partial cover their costs, associated with the forthcoming introduction of labeling procedure in the domestic pharmaceutical market, reports The Pharma Letter’s local correspondent.

It is planned that these subsidies will be distributed by the Industrial Development Fund, which is a public fund affiliated with the Russian government.

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