Pharmaceuticals Imports in Russia

Authors

  • Aleksander Ivanovich Belchuk Russian Academy of Foreign Trade
  • Irina Vladimirovna Grishina Russian Foreign Trade Academy
  • Leonid Vladimirovich Sabelnikov Russian Foreign Trade Academy

DOI:

https://doi.org/10.24412.2072-8042-2021-3-69-76

Keywords:

Russia, pharmaceutical industry, healthcare, pharmaceuticals, new drugs, foreign companies, generics

Abstract

The authors examine the development of the pharmaceutical market in Russia. Due to the high expenditures on health care in the country and an increase in the level of combating diseases, the demand for drugs is growing at a fairly high rate. In this regard, despite the growth in domestic production of drugs, the imports of foreign drugs and substances are also growing. The domestic industry is expanding the production of pharmaceuticals, but lacks raw materials and substances. Serious efforts are being made in Russia to develop pharmaceuticals to combat coronavirus. Russia’s pharmaceutical industry has developed a vaccine that is recognized in many countries. This allows us to hope for the possibility of developing and launching new effective drugs on the market.

Author Biographies

Aleksander Ivanovich Belchuk, Russian Academy of Foreign Trade

Doctor of Economic Sciences, Professor
Place of work, post: Russian Foreign Trade Academy (119285, Moscow, Vorobyevsky Highway, 6A), Department of World and National Economy, Professor

Irina Vladimirovna Grishina, Russian Foreign Trade Academy

Doctor of Economic Sciences
Place of work, post: Russian Foreign Trade Academy (119285, Moscow, Vorobyevsky Highway, 6A),
Council for the Study of Productive Resources - Deputy Chairman; Russian Academy of National Economy and Public Administration (119571, Moscow, Vernadskogo Pr., 82, p. 1), Institute of Applied Economic Research - Leading Researcher

Leonid Vladimirovich Sabelnikov, Russian Foreign Trade Academy

Doctor of Economic Sciences, Professor, Honored Worker of Science of RF
Place of work, post: Russian Market Research Institute (VNIKI) (119285, Moscow, Pudovkina str., 4), Department of international trade and multilateral economic cooperation, the Head

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Published

2024-01-28

How to Cite

Belchuk, A. I., Grishina, I. V., & Sabelnikov, L. V. (2024). Pharmaceuticals Imports in Russia. Russian Foreign Economic Journal, (3), 69–76. https://doi.org/10.24412.2072-8042-2021-3-69-76

Issue

No. 3 (2021)

Section

Foreign trade activity

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