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Putin: Russia will continue to develop mechanisms to support pharmaceutical companies

Photo by Alexander Smagin on Unsplash

He said this via video link during the opening of new pharmaceutical production facilities in Kaliningrad, St. Petersburg and Saransk.

“The state will certainly continue to develop support mechanisms for the industry,” he RIA Novosti. quoted him as saying.

At the same time, Putin said, in 2023 a program will be launched to provide investment loans at a preferential rate to be used in the production of drugs and their derivatives.

Earlier Putin set the task to increase the share of domestic drugs in the market and strengthen independence from foreign suppliers.

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