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China's export of drugs to Russia amount over 100 million US dollars

Number of visits: Date:2010年11月29日 13:43
 China's export of drugs to Russia amount over 100 million US dollars Recent medical health products from China Import and Export Chamber of Commerce noted that China's medical health products to Russia annually exports substantial growth in the number and amount of the average annual increase of over 50 percent of the current annual amount of actual sales have more than 100 million US dollars. Russia relatively relaxed policy threshold and the reliability of traditional Chinese medicine, to become China's emerging pharmaceutical export market. According to Chinese Medicine and Health Care Products Import and Export Chamber of Commerce stakeholders presentations, in recent years, the Russian relatively slow development of the pharmaceutical industry, not only rely on imports of raw materials medicine major, finished drug also is far from satisfying the domestic real needs. My drugs especially proprietary Chinese medicine, has not yet registered in the international Pharmacopoeia, China has not yet joined the World Health Care Products Association. Russia, in the international Pharmacopoeia unregistered drugs, in the Russian territory to conduct clinical trials, the validity period for the drugs. Due to a long life cycle, high cost, the general SME unbearable. This is the Russian pharmaceutical market pioneering the main obstacle. Experts say that Russia's existing more than 1,000 pharmaceutical companies, but many enterprises because it fails to be completed within the period of GMP certification, production or face the fate of the closure. China has a strength of the pharmaceutical industry should seize the opportunity to the Russian pharmaceutical manufacturers have joint ventures, cooperation or acquisition, this way they can both reduce costs, drug registration link can be bypassed, thus mass enter the Russian market.

TypeInfo: Dynamic Industry

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