According to expert forecasts, Russia's pharmaceutical market should regain double-digit US dollar growth from 2013
Biotechnologies and Pharmaceuticals sector in Russia
ξ Russia is the largest market in Central and Eastern Europe.
ξ This market heavily depends on imports of medicines.
ξ According to expert forecasts, Russia's pharmaceutical market should regain double-digit
US dollar growth from 2013.
ξ Russia’s entry to the WTO should provide a clearer regulatory pathway for foreign
original drug makers through strong intellectual property (IP) legislation.
Pharmaceuticals: US$20.65bn in 2011 to US$21.94bn in 2012 (+6.2%)
Healthcare: US$85.24bn in 2011 to US$90.62bn in 2012 (+6.3%)
Medical devices: US$6.39bn in 2011 to US$6.89bn in 2012 (+7.7%)
ξ Russian pharmaceutical producers will have to switch to Good Manufacturing Practice
(GMP) standards starting from January 1, 2014. This opens opportunities for UK providers
of GMP compliant technology and equipment.
ξ Pharmaceutical industry projects worth RUR40bn ($1.4bn, or €980mn) are currently
implemented in Russia.
Latest export opportunities – Biotechnology and Pharmaceuticals
Latest export opportunities – Russia
Getting into the market
About doing business in Russia
Market intelligence is critical when doing business overseas, and UKTI can provide bespoke
market research and support during overseas visits though our chargeable Overseas Market
Introduction Service (OMIS).
To commission research or for general advice about the market, get in touch with our specialists
in country - or contact your local international trade team.
ξ Elena Anisina, British Consulate General in Ekaterinburg Tel: +7 343 253 5605 or email:
ξ Maria Semchenkova, British Embassy Moscow
Tel: +7 495 956 7372 or email: email@example.com
Contact your local international trade team
UKTI runs a range of events for exporters, including seminars in the UK, trade missions to
overseas markets and support for attendance at overseas trade shows.
Date: 26-29 November 2012
Website address: http://www.pharmtech-expo.ru/
Latest events – Biotechnology and Pharmaceuticals
More about OMIS and other UKTI services for exporters