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New innovation centre is opened

09.09.2013 Kazan

 

As a part of “Pharma-2020” national programme OJSC “Tatchempharmpreparaty” together with Kazan Federal University has launched a state-of-the-art drug development center and a brand new pilot plant in September 2013. The total cost of the joint project is estimated at $30m and is sponsored by the Federal Government.

The "Pharma-2020" programme is aimed at import substitution of foreign medicines. The overall Federal expenditures for "Pharma-2020" is planned to reach $6.2bn for the period until 2020. As a result Federal Government expect to support increase of domestic products share in the nternal market consumption up to 50 % (in value terms) by 2020.