MOSCOW TIME: 07.07.2020 04:45:07

Companies + Local News + Markets

Bayer to make cure for blood stroke and St. Petersburg

Bayer to make cure for blood stroke and St. Petersburg

Bayer, an international chemical and pharmaceutical concern, has launched a facility to produce diagnostic radiopaque contrast agents based on the Saint Petersburg site of LLC POLISAN Science & Technology Pharmaceutic Firm



Bayer to make cure for blood stroke and St. Petersburg


Bayer, an international chemical and pharmaceutical concern, has launched a facility to produce diagnostic radiopaque contrast agents based on the Saint Petersburg site of LLC POLISAN Science & Technology Pharmaceutic Firm.


In particular, POLISAN's capacities were utilized to arrange the production of such preparations as Gadovist, Magnevist and Ultravist that are used for diagnostics in computer and magnetic resonance tomography.


Test batches of the preparations are going to be made this year. The launching of the facility is scheduled for 2018.


As reported, a strategic partnership agreement and contrast agents production contract were executed between the companies in July 2015.


The day before, Bayer executed a production localization agreement in respect of another preparation to be made using POLISAN's capacities in Saint Petersburg, namely, heart disease drug called Xarelto. Commercial production is expected to be launched in 2019. The output is going to completely cover the Russian market's needs.


Moreover, on Wednesday, Nils Hessmann, the general representative of Bayer in Russia and CIS, told journalists that the company was going to expand its portfolio of Russia localized preparations and intended to agree with a local partner on localizing the production of oncological products in the Russian Federation within the year.


Previously, Bayer localized the output of pharmaceutical drugs based on the capacities of Medsyntez, an Ural facility. In particular, the production of Avelox, an antiinfective preparation, was launched in August 2015.



Share this:

Share this Share this Share this

NEWS


04.12.2019 TVEL completes the contract for supply of fuel pellets to India for Tarapur NPP

TVEL JSC has shipped to India the final consignment of uranium  fuel pellets for BWR reactors and thereby fulfilled the relevant contract with the Department of Atomic En...

26.09.2019 Vietnam-Russia Bilateral Ties Deepen, Boost Investment

Russia was one of the first countries to establish diplomatic relations with Vietnam, laying the groundwork for a strong bilateral and economic relationship between the countries.

04.09.2019 Russias trade turnover with African states up 17% in 2018

Russias trade turnover with the African states increased by more than 17% in 2018 to $20.4 bln. A representative of the Russian Foreign Ministry told TASS that the majority of...

EVENTS


16.09.2020 Mining and Metals Central Asia 2020

Mining and Metals Central Asia is a professional platform to demonstrate achievements of Kazakhstani and foreign manufacturers of equipment, services, and developments in the field...

16.09.2020 Kazcomak 2020

Kazakhstan International Road and Heavy construction, Communal machinery exhibition

INTERVIEWS


18.04.2018 Pskov State University Increases Its International Student Body Thirty...

Higher education can be a profitable export business, provided the system is built correctly and qua...

FEA Education


03.05.2017 Anna Trubetskaya: "Business should be built on Russians"

About the models of business development in another country and professional secrets is told by a practicing expert on work in international markets Anna Trubetskaya

Our partners