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Moscow-based biotech company BIOCAD reported producing five million packs of critical medicines for cancer and autoimmune diseases since 2021, including 305,000 in the first half of this year. This significant output is supported by the city's offset contracts, which guarantee sales in exchange for investment in local production and R&D. The initiative aims to enhance medicine security and supply across Russia, with two million packs distributed to Moscow hospitals and three million to other regions.

In a nutshell

This demonstrates a strategic government initiative to bolster domestic pharmaceutical production and ensure medicine security, particularly for socially significant diseases. It highlights a model where public-private partnerships can drive investment in manufacturing capacity and stabilize supply chains.

Source: Sputnik News