FUTURE OF RUSSIAN HEALTHBIO INDUSTRY

04-2013Made in Russia - ideology• We can see that the Russianprotectionism due to the desireof the Russian government toreduce the state's dependenceon imports of medical andpharmaceutical products and,ultimately, to reduce publicspending on health care, hasalready led to the rapid growth ofpharmaceutical production.• Closing the market to foreignplayers, the Russian governmentnow supports the development ofdomestic players, from universitystart-ups to major pharmaceuticalplants. Projects of foreigncompanies entering the Russianmarket or starting joint productionalso can receive support.Facilitatinglocalization offoreignproducersSupportingdomesticproducersReducingdependence onimportTransition fromresource-basedto innovativeeconomy