Putin: Up to 90% of Russia’s Pharmaceuticals to Be Home-Made by 2018

Putin: Up to 90% of Russia’s Pharmaceuticals to Be Home-Made by 2018 © Sputnik/ Valeri Titievski

14:59 07.09.2015(updated 16:48 07.09.2015) Get short URL
http://sputniknews.com/russia/20150907/1026693210.html

MOSCOW (Sputnik) – The Russian president noted that the pharmaceuticals are a high income business and called for investments to develop the country’s pharmaceutical industry.

“I should inform you, or remind you, that we plan to reach a level in pharmaceuticals so that by 2018 approximately 90 percent of medications used in Russia are localized in the Russian Federation,” Putin said during an All-Russian People’s Front forum on health issues.

Putin emphasized that “bringing in substances and then mixing them does not mean producing medicines here.”
Moscow has launched a cross-sector import substitution program in the wake of the anti-Russia sanctions imposed by the United States, the European Union and other states accusing Russia of involvement in the Ukrainian internal conflict, a claim the Kremlin has repeatedly denied.

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