Russian authorities are negotiating with India to build a pharmaceutical cluster in Stavropol

23 January 2024

GxPNews

A pharmaceutical cluster is being planned for the Stavropol Territory, with the aim of attracting funding from international partners. It is anticipated that India will take an interest in the collaboration, and the regional government is actively pursuing this opportunity. However, negotiations with potential partners have not yielded outcomes, as revealed during a press conference featuring the regional governor, Vladimir Vladimirov.

“We are holding extensive negotiations with the Indian company. <…> They have not ended in anything yet, but I will explain why pharmaceutical medicine, except for active biological products, is interesting to us, because it is a high-tech industry,” he said, clarifying that one Indian company intends to produce pharmaceutical substances on the basis of the Stavropol site.

Despite the fact that there is no agreement with any Indian company yet, the government will not abandon this project, he promised. And he added that the initiative to create a pharmaceutical cluster meets the interests of the region, including because the Pyatigorsk Medical and Pharmaceutical Institute is located here.

“The potential of our Pyatigorsk Pharmaceutical Academy allows us to argue that we can place such a project on the territory of the Stavropol Territory,” the official said.

Source

Print

Our news

All news

Media Center

Read more