Pharmaceutical market

The pharmaceutical market encompasses the development, production and sale of medicines needed to improve health and treat disease. Our site offers articles that explore current industry trends, including innovations in drug therapies, and analyze the impact of global regulatory changes on access to medicines.

Learn about key challenges and opportunities in the market, including patent wars, pricing, and clinical trial milestones. Gain insights on strategies for navigating the complex regulatory environment and optimizing processes to accelerate innovation and ensure patient safety.

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EEC Council Adopts Uniform Rules for Pharmacovigilance Inspections in EAEU

Pharmaceutical Business / / / , , ,

The Council of the Eurasian Economic Commission (EEC) has taken a significant step towards harmonizing the pharmaceutical regulatory landscape across the Eurasian Economic Union (EAEU) member states.  In a recent decision taken on 12 April 2024, the EEC Council supplemented Decision No. 83 dated 03.11.2016 with the Rules for conducting pharmaceutical inspections to ensure compliance […]

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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

News, Pharmaceutical Business / / / , , ,

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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Digitalizing Europe: access to health data without borders

Medicine, News / / / ,

Health information will be available to European Union citizens digitally, free of charge and in all EU countries. The European Parliament supported the European Commission’s proposal to create a pan-European health data space for patients, healthcare providers and researchers.

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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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