A socially oriented non-financial development institution and a major organizer of nationwide and international conventions; exhibitions; and business, public, youth, sporting, and cultural events.

The Roscongress Foundation is a socially oriented non-financial development institution and a major organizer of nationwide and international conventions; exhibitions; and business, public, youth, sporting, and cultural events. It was established in pursuance of a decision by the President of the Russian Federation.

The Foundation was established in 2007 with the aim of facilitating the development of Russia’s economic potential, promoting its national interests, and strengthening the country’s image. One of the roles of the Foundation is to comprehensively evaluate, analyse, and cover issues on the Russian and global economic agendas. It also offers administrative services, provides promotional support for business projects and attracting investment, helps foster social entrepreneurship and charitable initiatives.

Each year, the Foundation’s events draw participants from 208 countries and territories, with more than 15,000 media representatives working on-site at Roscongress’ various venues. The Foundation benefits from analytical and professional expertise provided by 5,000 people working in Russia and abroad.

The Foundation works alongside various UN departments and other international organizations, and is building multi-format cooperation with 173 economic partners, including industrialists’ and entrepreneurs’ unions, financial, trade, and business associations from 78 countries worldwide, and 179 Russian public organizations, federal and legislative agencies, and federal subjects.

The Roscongress Foundation has Telegram channels in Russian t.me/Roscongress, English – t.me/RoscongressDirect, and Spanish t.me/RoscongressEsp. Official website and Information and Analytical System of the Roscongress Foundation: roscongress.org.

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From Innovations to Generics: New Prospects
15 June 2022
14:30—16:00

Generic drugs make up about 80% of the market in Russia. On average, there are about 10 generics per original drug in addition to around 30–50 generics for antibiotics and painkillers. Given the decrease in the supply of finished dosage forms from European countries, generics are becoming the main alternative drug on the Russian market, while the risks of drug defects due to sanctions are protected by the law on the compulsory licensing of medicines. However, the main keys to strengthening the Russian pharmaceutical market should not only be independence from imports, but also the development of the country’s own innovations. Russia needs to create a cluster of enterprises that are capable of synthesizing active pharmaceutical ingredients, and conditions should be created to develop an innovative pharmaceutical industry. What regulatory policy and quality control solutions are needed to create competitive generics in Russia? Do domestic pharmaceutical manufacturers have enough capacity and technology to develop generics for drugs that are covered by the law on compulsory licensing? What state support instruments for R&D will help stimulate the development of the innovative pharmaceutical industry in Russia? What new models of cooperation do business and scientific development institutions need to develop and introduce to stimulate innovation in the pharmaceutical and biotechnology market?

Date
15.06.2022
Forum
SPIEF
Started at
14:30—16:00
Conference hall
Pavilion G, conference hall G6
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