« Return to News | Drug Sponsors

Bayer HealthCare strengthens position in Russia

Friday, November 2, 2012 02:21 PM

Bayer HealthCare and Russian drug manufacturer Medsintez have entered into a strategic partnership to jointly manufacture and commercialize diagnostic imaging products as well as pharmaceuticals to treat infections and neural disorders.

In addition, the companies intend to cooperate in the R&D and production of new substances and medicines, aiming to accelerate the access to innovative pharmaceuticals for Russian patients. Joint marketing activities are scheduled to start in 2013.

"The local production of our products will provide additional momentum to our business development in this growth market," said Andreas Fibig, president of Bayer HealthCare Pharmaceuticals. "It will ultimately serve our customers, patients and doctors in Russia and thus strengthen our competitive position."

Bayer HealthCare and Medsintez will start their cooperation with the full cycle manufacturing of the anti-infectives Avelox and Ciprobay, diagnostic imaging products, as well as Nimotop for treatment of neural disorders in existing as well as new facilities which will be built according to latest Good Manufacturing Practice (GMP) requirements.

"Medsintez and Bayer HealthCare will provide top quality products to the market, according to international standards", said Alexey Podkorytov, CEO of Medsintez. "In addition, the future research partnership with Bayer HealthCare will allow us to launch new drugs based on molecules developed by Russian research organizations to the international market."

Share:          
CLINICAL TRIAL RESOURCES

Search:

NEWS ONLINE ARCHIVE

Browse by:

CWWeekly

September 30

Novartis-Walgreens pilot study blurring the line between retail pharmacy, investigative site

CISCRP to launch traveling science museum exhibit to demystify clinical trial participation

Already a subscriber?
Log in to your digital subscription.

Subscribe to CWWeekly.

The CenterWatch Monthly

October

New growth and decline in Asia clinical trials
South Korea, Japan, China see big growth in 1572s, while India posts huge drop

Harnessing Big Data to transform clinical trials
From protocol to patient recruiting, data analytics can yield valuable insights

Already a subscriber?
Log in to your digital subscription.

Purchase the October issue.

Subscribe to
The CenterWatch Monthly.

The CenterWatch Monthly

September

Sponsors look to collaborate on comparator drugs
Co-therapies, comparators are in 60% of studies, cost $25m per company a year

Early adopters implement risk-based monitoring pilot programs
Experiments aim to offer long-term solutions, despite short-term uncertainties

Already a subscriber?
Log in to your digital subscription.

Purchase the September issue.

Subscribe to
The CenterWatch Monthly.

JobWatch centerwatch.com/jobwatch

Featured Jobs

More Jobs

 

Copyright © 1995-2013 CenterWatch.