Industry news

Indian drug makers fit into Russia’s pharma strategy

Alexandra Katz, Russia and India Report

With Russia reshaping its pharmaceutical sector as part of the Pharma2020 concept, Indian drug manufacturers and exporters are searching for new ways to expand their business.

Medical Startup Neural Analytics attracted Russian investors

Venture News

Medical Startup Neural Analytics closed first seed round on $250K. The company, founded by graduates of MBA UCLA Anderson School of Management, created algorithm based on ten years investigation, conducted by Medical Center of UCLA University, use of which allows to the accuracy 92% measure increased intracranial pressure by noninvasive method.

Viktor Vekselberg joined the new Board of Directors “ROSNANO”

Venture News

Viktor Vekselberg, chief of “Skolkovo” fund and Nikolay Solomon, chief financial officer of ROSATOM joined the new Board of Directors “ROSNANO”.
 

Leading Indian drugmakers eye pharma production in Russia

The Pharma Letter

Several top Indian drugmakers and suppliers, including Dr Reddy’s (NYSE: RDY), Ranbaxy (BSE: 500359), Advanced Trading, Cipla (BSE: 500087), Rodosfarma and other companies have expressed interest in establishing production of their generics in Russia’s Moscow region.

U.S., Russia Workplace Safety Organizations Join Efforts to Advance Global Occupational Health and Safety

ITAR TASS

One month after signing an agreement to work with Chinese workplace safety professionals, the American Society of Safety Engineers (ASSE) today announced it will work with Russia's National Association of Centers for Occupational Safety and Health (NACOT) to, among other initiatives, improve "vocational training and professional development of managers and consultants in the field of occupational safety". 

Health Care's New Frontier

The Moscow Times

Developing countries face a seemingly insurmountable hurdle in providing health care to their rapidly growing — or, in some cases, rapidly aging — populations, especially as health systems become increasingly overburdened and infections and other diseases spread. Because access to medicine in these regions is a multifaceted challenge, it is best tackled by several parties.

Russia to Spend $11Mln on Maternal, Child Health Seminars

RIA Novosti

Russia will spend up to 366 million rubles ($11.1 million) in 2013-2015 to hold training workshops to implement an international initiative on maternal and child health, the Russian government reported.

Russia’s Birth Rate up 30% Since 2007 - Minister

RIA Novosti

The birth rate in Russia grew 30 percent since 2007, Russian Minister of Labor and Social Protection Maxim Topilin said.

Russia's Medtech Market

Joel Gorski, MD+DI

The Russian market for medical equipment and supplies is estimated at $6 billion. This puts the country's healthcare market among the top 20 in the world, although per capita spending remains low by European standards, at around $42.3 About 73% of the market is supplied by imports, with Germany, the United States, Japan, and China the leading suppliers.

Russia’s government launches reform in Academy of Sciences

ITAR TASS

On Thursday Russian Prime Minister Dmitry Medvedev approved a bill liquidating three academies - the Russian Academy of Sciences, the Russian Academy of Medical Sciences and the Russian Academy of Agricultural Sciences. A new unified public organization - the Russian Academy of Sciences - will appear instead.