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New Pharmaceutical Production Facility in Moscow

15 may 2017 17:22

Manufacture of chemotherapeutic pharmaceuticals will be established in Moscow. It is a joint project of fuel company TVEL, a company of Rosatom Group, and the Technological Development Agency established by the Russian Government in 2016.

According to Vadim Kulikov, First Deputy General Director of Technological Development Agency, a site of 13 thos. square meters is allocated for the project. Investments and marketing support is also expected. Vadim Kulikov shared this information with participants of field session of Saint Petersburg International Economic Forum (SPIEF) in Ufa.

The new production facility will help implement the import substitution program. At least one third of the products will be intended for export.

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