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2020 Russian Pharmaceutical Market Dynamics: Source: DSM Group
2020 Russian Pharmaceutical Market Dynamics: Source: DSM Group
2020 Russian Pharmaceutical Market Dynamics: Source: DSM Group
test of strength. Sale uplift due to the roaring demand for medicines, rise of the
national segment, increase in the value and speed of adoption of legislative proposals
—all of this had a significant impact both on the overall market dynamics and on its
conditions. Moreover, all of it was going on in a changing environment, to which we
all had to get used.
One of the most important legislative proposals of the government became
introduction of a fast track (a procedure for accelerated approval of medicines and
medical products in the event of an emergency). This provided domestic
manufacturers with an opportunity to promptly get approved and introduce two
medicines intended to treat the coronavirus disease, Favipiravir and Levilimab.
The accelerated approval also opened the way to the introduction of local vaccines
against COVID-19 and to the beginning of a mass vaccination as early as in January
2021.