Value through Innovation21 April 2014


Map of Russia

Russia is a federal semi-presidential republic, comprising 83 federal subjects.

Russia is the largest country in the world, covering more than one eighth of the Earth's inhabited land area. Russia is also the eighth most populous nation with 143 million people

Facts & Figures

Pharmaceutical business environment - Emerging pharmaceuticals market that grew by 18 % in the first quarter of 2011
- 78 % of the market is dominated by generics (Source Datamonitor)
- The market share of imported medicines stands at 76 % (as of 2010, DSM Group)
Size - One of the seven emerging pharmaceuticals markets (along with Brazil, China, India, Mexico, South Korea and Turkey)
Development - The Russian pharmaceuticals market is on the way to becoming one of the world’s ten largest pharmaceuticals markets
- The federal target programme for development of the pharmaceuticals and medicines industry envisages spending of USD 6.41 billion by 2020, with research and development of new products likely to account for 80 % of the total (Source DSM Group)
Barriers, e.g. government regulation of the market - Approval of medicines is a complex and constantly changing process that lacks clarity and transparency
- Quality control of imported drugs is problematic
- Counterfeit medications are a problem, although it is not yet a criminal offence to produce them
The market for prescription medicines and selfmedication in Russia - Disproportionately great significance of CHC products (2010: 30 % of the overall market, IMS)