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September 2010

1/9/2010 Oriola-KD Acquire 70-Strong Moscow Pharmacy Network for U.S.$15.35 Million



August 2010

31/8/2010 Russia's Pharmsynthez Plans to Raise U.S.$16 Million in IPO
27/8/2010 Pharmstandard H1 2010 Sales Increase by 14.7 Per Cent to U.S.$375.8 Million
26/8/2010 Serbia's Galenika to Open Pharmaceutical Packaging Facility in Russia
26/8/2010 Latvia's Grindeks Reports H1 Net Profit Growth of 20.6 Per Cent to U.S.$7.35 Million
24/8/2010 Leading Russian Diagnostic Reagents Company Secures Credit of U.S.$6.5 Million
24/8/2010 Kirov Company Acquires 75 Per Cent of Shares in Local Pharmacy Chain for U.S.$3.75 Million
20/8/2010 Ferein Set to Construct Large-Scale Pharma Manufacturing Plant in Belarus
18/8/2010 Grindeks to Collaborate More Closely with Latvian Institute of Organic Synthesis
18/8/2010 Medvedev Signs Decree to Pull Russia Out of International Science & Technology Centre
13/8/2010 Report Notes 38 Per Cent Increase in Number of Clinical Trials Approved in Russia During Q2 2010
13/8/2010 Stada Sales in Russia Increase by 24 Per Cent in H1 2010 to U.S.$124 Million
11/8/2010 Russia's Protek Report 16 Per Cent Sales Rise in Q2 2010 to U.S.$767 Million



July 2010

23/7/2010 Candidate HIV Vaccine Developed in Novosibirsk Wins Approval for Clinical Trials
23/7/2010 New Report Estimates Belarus Pharma Market to Grow to U.S.$1.05 Billion by 2014
22/7/2010 U.S.$250-300 Million Irkutsk Biobutanol Project Set for Relaunch in September 2010
21/7/2010 Biokad & Geropharm to Invest U.S.$69 Million in Establishing St. Petersburg Pharma Production
20/7/2010 Thermo Fisher Scientific Completes U.S.$260 Million Acquisition of Lithuania's Fermentas
20/7/2010 Chelyabinsk's Klassika Acquires 11 Pharmacies in Ekaterinburg for U.S.$1.63 Million
16/7/2010 New Report Forecasts U.S.$ 22.4 Per Cent Growth in Russian Pharma Sector in 2010
15/7/2010 Veropharm Report 3.4 Per Cent Decrease in Q1 2010 Profit to U.S.$3.97 Million
14/7/2010 List Released of Strategic Drugs to be Manufactured within Russia
14/7/2010 Russian Academy of Sciences to Form New Institute of Cell & Molecular Biology in Novosibirsk
13/7/2010 Merck Serono's Cladribine Tablets for MS Approved in Russia
13/7/2010 Kazakhstan Government Approves Programme for Development of Pharma Industry 2010-2014
9/7/2010 Russia Plans to Manufacture 57 Strategically Important Drugs by 2015
7/7/2010 Russian Pharma Testing Facility Receives U.S.$2.1 Million Support to Achieve International Accreditation
6/7/2010 Rusnano to Invest in U.S.$163.9 Million Innovative Drugs Project
6/7/2010 Russian Ministry of Economic Development Allocates U.S.$6.5 Million Funding for Anti-Viral Preparation
5/7/2010 Russia's Pharmsynthez Company Plans U.S.$16 Million IPO
2/7/2010 Russian Venture Company to Launch U.S.$48 Million Biopharmaceutical Fund
2/7/2010 Vertex Announce Plans to Construct U.S.$31-37.5 Million Pharma Plant in St. Petersburg
1/7/2010 Latvian Drug Discovery Institute Sells 6 Patents to Pharma Companies



June 2010

30/6/2010 Russia Maintains Interest in Novel Phage Anti-Bacterial Therapies
25/6/2010 Favea Sign Agreement for Supply of Equipment to Pharma Companies in Tatarstan
24/6/2010 Israel's Teva Plan Construction of U.S.$100 Million Pharma Plant in Russia
24/6/2010 Pharmacy Chain 36.6 Reduces Net Loss to U.S.$11.56 Million in FY 2009
10/6/2010 Kurchatov Institute Invests U.S.$7 Million in Equipment to Sequence First Russian Human Genome
10/6/2010 Volgograd Looks to Establish U.S.$110 Million Pharmaceutical Cluster
9/6/2010 Russian Businessman Fined for Attempted Bribery of Deputy Director of Virology Centre
9/6/2010 Pharmacy Chain 36.6 Plans to Raise U.S.$29.3 Million From Additional Share Issue
7/6/2010 Russia's Protek Report 4.4 Per Cent Sales Rise in Q1 2010 to U.S.$702.5 Million
7/6/2010 Russian Seed Fund Invests in Biotech Project to Develop Therapeutic mAbs Against Kidney Cancer
3/6/2010 Leading American CRO to Participate in U.S.$51.7 Million Project to Create Major Preclinical Studies Centre Outside Moscow
3/6/2010 U.S. & Ukraine Agree to Share Standards for Quality of Medicines
3/6/2010 Russia's Materia Medica Reports on Effectiveness of Anaferon Against Influenza A Virus (H1N1/09)
2/6/2010 Olainfarm Profits Soar by 50 Per Cent in Q1 2010 to U.S.$1.2 Million
1/6/2010 UK's Angel Sign U.S.$1.88 Million Manufacturing Contract with Russia's Materia Medica
1/6/2010 Ukrainian-Belgian JV Plans to Invest U.S.$18 Million in Production of Pharma Substances & Drugs



May 2010

28/5/2010 New Molecular & Cell Biology Institute May be Created in Novosibirsk
27/5/2010 Latvia's Grindeks Reports Net Profit of U.S.$2.43 Million in Q1 2010
27/5/2010 Construction of Peptide Drug R & D and Production Complex Envisaged in Pushkin
27/5/2010 Thermo Fisher Scientific Sign Agreement to Acquire Lithuania's Fermentas for U.S.$260 Million
26/5/2010 Russian Academy of Sciences Reports on Development of Novel Peptide Drugs
24/5/2010 UK's Angel Biotechnology Secure Contracts Worth U.S.$476,420 with Russia's Materia Medica
20/5/2010 Putin Promises U.S.$1.6 Billion for Russian Academy of Sciences in 2010
19/5/2010 Report Notes 18 Per Cent Increase in Number of Clinical Trials Approved During Q1 2010 in Russia
19/5/2010 Burrill & Company Discuss Creation of Biotechnology Venture Fund in Tatarstan
17/5/2010 Novo Nordisk Discuss Prospects for Expanding Presence in Russian Market
14/5/2010 Veropharm's Net Profit Rises by 20 Per Cent to U.S.$36.5 Million
11/5/2010 Russia's Sistema Express Interest in Andhra Pradesh Pharma and Biotech
6/5/2010 Rusnano and MP Biomedicals Sign Nanobiotechnology Cooperation Agreement
6/5/2010 Meeting Discusses EU-Russia Cooperation in Standardisation & Integration of Virus Collections
4/5/2010 Russian Government Approves Sale of U.S.$36.8 Million Bioton Vostok Stake to Sanofi-Aventis



April 2010

29/4/2010 Pharmstandard Profits Increase by 96 Per Cent to U.S.$234.4 Million
29/4/2010 Latvia's Grindeks Reports 60 Per Cent Fall in Profits to U.S.$6.74 Million
29/4/2010 Gedeon Richter Increase Stake in Russia's Protek with U.S.$26.45 Million Share Purchase
28/4/2010 Novo Nordisk Sign Agreement to Construct Russian Insulin Plant with Potential Investment of U.S.$80-100 Million
27/4/2010 Russia's Protek Raises Around U.S.$400 in Successful IPO
27/4/2010 GE Healthcare and Nycomed to Form JV to Sell, Market & Distribute Medical Diagnostic Contrast Agents in Russia and CIS
26/4/2010 Cleveland BioLabs Triggers U.S.$5.7 Million Investment in JV with Russian VC Fund
22/4/2010 U.S.$53 Million Vaccine & Therapeutic Biopharmaceuticals Plant to be Constructed in Yaroslavl' Region
22/4/2010 Kazakh Prime Minister Visits National Biotechnology Centre in Astana
21/4/2010 Oriola-KD Reports Difficult Market Conditions in Russia
21/4/2010 Russian Government Aims to Create Environment for Investment in Pharma Sector
21/4/2010 Affitech Signs Strategic Alliance with Russian Biotech Partner
19/4/2010 Putin Conducts Unscheduled Check of Pharmaceutical Prices in Murmansk Pharmacy
19/4/2010 UK's Angel Biotechnology Sign c.U.S.$2.3 Million Contract with Russia's Materia Medica
16/4/2010 Eurasian Federation of Biotechnology Established in Moscow
15/4/2010 Russia's Protek Seeks Up to U.S.$2.12 Billion Value in Moscow IPO
15/4/2010 Russia's Pharmacy Chain 36.6 Report 19.1 Per Cent Fall in Sales to U.S.$726 Million
14/4/2010 Putin Supports Mutually Beneficial Partnership with International Pharma Companies
14/4/2010 Mexico's Probiomed to Manufacture Recombinant Vaccines in Tartarstan
13/4/2010 Latvia's Grindeks Plans to Increase 2010 Turnover to U.S.$134 Million
13/4/2010 Russian Anti-Viral Preparation to be Certified by Slovak Academy of Sciences
13/4/2010 Veropharm's IFRS 9M 2009 Net Profit Grows by 15 Per Cent to U.S.$25.1 Million
12/4/2010 Russia's Pharmstandard Acquires 11.3 Per Cent of Shares of Latvia's Grindeks Pharma Company
12/4/2010 Gerresheimer Targets Russia's Fast-Growing Pharma Market
1/4/2010 Construction Begins of U.S.-Funded Pathogens Lab in Almaty
1/4/2010 Pfizer Emerges as One of World's Clinical Trial Leaders in Russia
1/4/2010 Stada Sales in Russia Increase by 5 per cent to U.S.$259 Million
1/4/2010 KhimRar & R-Pharm to Create Drug Substances JV in Yaroslavl'



March 2010

31/3/2010 U.S.$10.85 Million SPF Facility Opens in Novosibirsk
31/3/2010 UK Provides Assistance to Key Georgian Plant Diseases Institute
31/3/2010 Latvia's Olainfarm Plans Expansion Into Asia
30/3/2010 Russian Pharma Company Protek Plans U.S.$400 Million IPO
25/3/2010 Russia to Allocate More Than U.S.$16.9 Million to Manufacture of Radiopharmaceuticals
24/3/2010 Russian Academy of Sciences' Siberian Branch Set to Open Biotechnology Centre in Korea
23/3/2010 Russia's Tartarstan Adopts U.S.$1 Billion Biotechnology Programme
22/3/2010 AstraZeneca Considers Launch of Manufacturing in Russia
22/3/2010 Menarini/Berlin-Chemie Announce U.S.$40 Million Investment in New Russian Production Plant
19/3/2010 Favea Win U.S.$461,000 Contract for Design of Belarus Pharma Plant
14/3/2010 U.S.Pharma Manufacturers Urge Support for International Standards in Russian Medicines Law
9/3/2010 Thefts Prevented at Russian Virology Centre
8/3/2010 New Report Notes 6 Per Cent Decline in Numbers of Clinical Trials Approved in Russia
4/3/2010 Russian Corporation Set to Begin Construction of U.S.$150.8 Million Pharma Facility in Samara
2/3/2010 U.S.$136 Million Kirov Blood Plasma Fractionizing Plant Scheduled for Completion in 2010
1/3/2010 Latvia's Olainfarm Reports Record Profit of U.S.$4.88 Million in 2009



February 2010

26/2/2010 Net Profit of Latvia's Grindeks Falls by 58.9 Per Cent to U.S.$7.1 Million
25/2/2010 Russian Company Secures Rusnano Investment in U.S.$60 Million Project to Develop Drugs Against Age-Related Illnesses
25/2/2010 Minsk Institute to Create Facility for Production of Pharma Substances
18/2/2010 European Union Discuss U.S.$4 Million Funding for Crimean Anti-Plague Facility
17/2/2010 Biotechnology Park to be Created in Novosibirsk Region
17/2/2010 Visit of Rusnano Delegation to Kirov Focuses on Nanobiotechnology
16/2/2010 Russia to Invest U.S.$66.35 Million in New Influenza Vaccine Facility
15/2/2010 Rusnano & Medsintez Invest in U.S.$129 Million Nanodrugs Project
15/2/2010 Russia & India to Cooperate in Biotechnology
15/2/2010 Rusnano & Medical-Biological Agency Sign Agreement on Safe Application of Nanotechnology
12/2/2010 Major Indian Pharma Delegation to Visit Belarus
12/2/2010 Russia's President Medvedev Calls for Creation of Advanced, Innovative Pharma Companies
11/2/2010 Pharmstandard 2009 Revenue Increases by 68.1 Per Cent to U.S.$797 Million
11/2/2010 Net Sales Growth (RUR) of Oriola-KD in Russia Exceeds 40 Per Cent in 2009
10/2/2010 Russia's Gerofarm Plans to Invest U.S.$34.5 Million in St. Petersburg Pharma Plant
10/2/2010 Biokad Reported to be Planning Construction of U.S.$15-20 Million Pharma Plant in St. Petersburg
9/2/2010 Russian Health Official Sacked for Opposing Legislation to Regulate Pharma Pricing
9/2/2010 Czech Specialists to Participate in Construction of Russian Influenza Vaccines Plant
8/2/2010 Russian Biotech Companies Seek Indian Partners for Joint Ventures
5/2/2010 Bayer Open New Pharmaceutical Logistics Centre in Russia
3/2/2010 Latvia's Grindeks Completes Successful Clinical Trials of Mildronate
1/2/2010 Russian Vaccine Manufacturer Releases Products Valued at U.S.$86.2 Million in 2009



January 2010

28/1/2010 U.S.$6.4 Million to be Allocated to Russian Molecular Biology Research
27/1/2010 2010 Opening Scheduled for Schott's cGMP Pharma Packaging Plant in Russia
25/1/2010 Researchers in Minsk Develop New Antiviral Preparation
25/1/2010 Latvian Biotechnology Association to Participate in Central European BioForum
22/1/2010 Hungary's Omninvest Development to Invest U.S.$100 Million in Uzbekistan Pharma Facility
21/1/2010 Russian VC Fund Set to Contribute U.S.$18 Million to JV with Cleveland Biolabs
21/1/2010 U.S.$16.8 Investment Scheduled for Sverdlovsk Pharma Plant in 2010-2015
20/1/2010 Biotechnology Development & Pilot Production Centre Opens in Minsk
20/1/2010 SIA International Acquire 25 Per Cent of Pharmacy Chain 36.6
20/1/2010 U.S.$93 Million Antibiotics & Anti-Cancer Drugs Plant Slated for Russia's Lipetsk Region
19/1/2010 Rusnano to Invest in U.S.$28 Million Pharmaceutical Nanotechnology Project
19/1/2010 U.S.$100 Million Investment Planned in Tashkent Vaccine Plant
18/1/2010 Researchers from Kazakhstan & Belarus to Collaborate in Genetics, Biotech & Biosecurity
15/1/2010 Urals' Scientists Outline Plans for the Creation of a Pharmaceutical Cluster
14/1/2010 Lekko to Supply Genetically Engineered Blood-Clotting Factor to Russian Market
12/1/2010 Russian Government to Allocate U.S.$4.9 Million for Pilot Production of mAb-Based Substances & Drugs
11/1/2010 Kazakhstan's Prime Minister Visits Karaganda Pharma Facility
11/1/2010 U.S.-Funded Pathogens Lab Opens in Kazakhstan
11/1/2010 UK's Angel Sign c.U.S.$177,876 Contract for Regulatory Consultancy with Russia's Materia Medica
8/1/2010 Ukraine Invests U.S.$1.6 Million in New Biotechnology Centre
5/1/2010 Construction of Biological Pesticides Plant Planned in Kyrgyzstan
4/1/2010 Rusnano to Invest U.S.$42.9 Million in Production of Nanoliposomal Anti-Cancer Drugs at Urals' Pharma Facility
Biotechnology and Pharmaceutical Business News Service focusing on Russia and the Newly Independent States.
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