Russian pharmaceutical market showing positive dynamics

The Russian pharmaceutical market is showing positive dynamics these days, despite the ever-tightening sanctions regime and the growing isolation of Russia in the international arena, reports The Pharma Letter’s local correspondent.

According to the latest report of the Russian research agency Kontur.Fokus, over the past three years, the Russian pharmaceutical industry has grown both in the number of players and in total revenue.

Despite the exodus of some foreign players, that was compensated by domestic drugmakers, many of which decided to accelerate their expansion in the domestic market.