Pharmaceutical companies

Pharmaceutical companies play a key role in developing, manufacturing and distributing medicines that save lives and improve health. Our site provides articles to help you understand the dynamics of this industry, including the latest innovations in medicine, business strategies and regulatory challenges.

Explore how pharmaceutical companies overcome obstacles to create new drugs, including conducting clinical trials, meeting regulatory standards, and managing patent portfolios. Gain insights into how these companies are adapting to changing technologies and the global economic environment to maintain their market leadership.

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India Overtakes Germany as Largest Supplier of Medicines to Russian Market

Pharmaceutical Business / / / , , , ,

In 2023, India surpassed Germany to become the largest foreign supplier of medicines to the Russian market. This shift comes amidst European countries reducing sales of original drugs due to the emergence of analogues and market restrictions. The following analysis provides insights into the changing dynamics of the Russian pharmaceutical import market. Key Findings In […]

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New Influencer Marketing Rules in Kazakhstan

News, Pharmaceutical Business, Pharmacy Management / / / , , ,

The government of Kazakhstan has introduced new regulations requiring bloggers and influencers to clearly label sponsored content on social platforms. These rules, which take effect 2 March 2024, aim to bring more transparency to the country’s online advertising industry. For pharmaceutical companies marketing medicines in Kazakhstan, understanding the key aspects of these blogger guidelines will

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Expanding Pharmacy Chains Consolidate Russian Market

Pharmaceutical Business, Pharmacy Management, Pharmacy Practice / / / , , ,

Over the past few years, Russia has seen immense growth in its pharmacy industry led by the expansion of large pharmacy chains. As of 2023, there are over 77,000 pharmacies across Russia, up 4.6% from 2022. Pharmacy chains now account for 91.7% of total pharmacy revenue in the country. Russian Pharmacy Chains Consolidating Market Through

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Expanded Customs Declaration Data Proposed for Pharmaceutical Imports into the EAEU

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The Eurasian Economic Commission has proposed changes to customs declarations that would impact pharmaceutical companies shipping products into the EAEU market.

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Acino Spins Off Embattled Russian Division into New Company Alcea

Medicine, Pharmaceutical Business / / / , , ,

As war rages in Ukraine and tensions between Russia and the West escalate, Swiss pharmaceutical giant Acino International has made the strategic decision to spin-off its Russian division Acino Rus into a separate independent entity called Alcea. Acino had expanded in Russia since 2015, achieving double-digit growth in recent years largely driven by sales of

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The Ministry of Health discussed the possibility of creating a “pharma visa-free” for the entry of Ukrainian medicines into the European market

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For the development of the pharmaceutical industry and the export of Ukrainian pharmaceutical products to the European market, recognition of GMP certificates is necessary. This can be done by extending the ACAA agreement between Ukraine and the EU to the pharmaceutical sector

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The EAEU has approved the procedure for labeling medicines

Pharmaceutical Business / / / , ,

In accordance with the document, member states of the Eurasian Economic Union shall independently determine the list of medicinal products subject to labeling with means of identification, the date of introduction and procedure of labeling on their territory in accordance with this Decision and notify the Eurasian Economic Commission not later than 6 months prior to the date of introduction of labeling

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