Novartis and Skopinsky to establish new facility for production of anti-cancer drugs in Russia
Skopinsky Pharmaceutical Plant, one of Russia’s leading pharmaceutical producers, has signed a memorandum with the local subsidiary of Swiss pharma giant Novartis (NOVN: VX) on scientific and technological cooperation in the field of oncology, according to the partners. This is a second collaboration between the companies.
Under the terms of the agreement, the companies plan to accelerate R&D activities and establish a new large-scale production of anti-cancer drugs in Russia.
The new facility, that will specialize on the production of innovative anti-cancer drugs will be located on the site of Skopinsky in the Ryazan region.
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