Russia to significantly expand geography of its drug export

Russia plans to significantly expand the geography of the export of its drugs this year, paying attention both to emerging nations and developed countries, reports The Pharma Letter’s local correspondent.

At present, Russia supplies about 45,000 tons of drugs annually to more than 160 countries. According to the Russian Ministry of Industry and Trade, in 2024 exports amounted to 180 billion roubles ($18 billion) and, as part of state plans, this figure should grow significantly this year.

Rustem Muratov, general director of Binnopharm Group, one of Russia’s leading drugmakers said in an interview with the Russian Rossiyskay Gazeta business paper, at present there is a high demand for Russian generics in other countries. Also, there is the ever-growing demand for Russian vaccines, particular those against flu, measles, polio and other infections. Finally, Russia also exports a wide range of cardiology drugs.