26 Apr 2024
Wednesday 5 October 2016 - 10:45
Story Code : 234077

Drug-Trade: Russian innovative vaccine to make up 95% of Iranian market

The Russian-Iranian contract for localizing the production of a new cutting-edge Russian vaccine Grippol plus on the territory of the Islamic Republic of Iran is systematically being implemented. Sputnik spoke to president of the pharmaceutical company behind this project.

Leading Iranian pharmaceutical company Sobhan Recombinant is close tocompleting construction ofa medical center where production ofGrippol Plus, a Russian vaccine, will be carried out.

The agreement was signed betweenSobhan Recombinant and Russian research and manufacturing company Petrovax Pharm. Sputnik Persian spoke withthe President ofPetrovax Pharm, Elena Arkhangelskaya regarding the prospects ofproducing the Russian vaccine inIran.

The company Petrovax Pharm was founded in1996 and currently it is onthe list of30 major domestic pharmaceutical manufacturers. However, the most important thing is that we, asa Russian company, are inthe top 5 list ofthe largest producers ofimmunological pharmaceuticals amongforeign suppliers ofimmune-biological vaccines,

Arkhangelskaya said. She further said that Petrovax Pharm exports its products tomany countries including the CIS countries, Slovakia, Cuba and Belorussia. Currently, the company is expanding tothe Middle East and plans toexpand toLatin America inthe nearfuture. Last year, the Ministry ofHealth ofBelarus signed a long-term agreement forthe localization ofproduction ofour influenza vaccine Grippol plus. In just a year, we have been able toestablish production there and work outthe entire production process. She further said that this year, Belarus is producing and making deliveries forpreventive vaccinations onits own.

The scope ofsupply is 4 million doses. Although it would seem a small amount, however, do not forget that the population ofBelarus is 14 million people. Thus, our vaccination covers 40% ofthe total supply. The effect oflocalizing the Russian vaccine is that inthe past4 years there has been no influenza epidemic inBelarus, Arkhangelskaya said. Expanding toIran This year, the company Petrovax Pharm registered its influenza vaccine Grippol plus inIran. The other day I signed a second package ofdocuments forthe long-term cooperation withthe company Sobhan Recombinant Protein. This is an Iranian company, which is constructing a production building which is almost ready, the president ofthe company told Sputnik.

According toher, the production ofthe Russian vaccine inIran will begin by2019.

She added that currently the market forvaccines inIran is 2.5 million doses, whereas, the population is almost 80 million. Therefore, it is clear that there is a huge potential inIran. However, there is a law which suggests that if production is localized, the company will get 95% ofthe market share inthe country.

The government inIran has not introduced a national calendar forpreventive vaccinations untilthere is their own local product. So forus, this is a great and very interesting project, Arkhangelskaya said. Giant leap inRussia's pharmaceutical development Arkhangelskaya mentioned that her company works closely withAmerican pharmaceutical company, Abbot, Pfizer and German company Boehringer Ingelheim. For the first time inits century-long history, the German pharmaceutical giant [Boehringer Ingelheim] is localizing its product inRussia, Akhangelskaya told Sputnik. She added that success ofall such projects mostly depends onthe good teamwork.

If there is communication, properly structured dialogue betweenthem, the result will be achieved intime, the president said. Talking aboutthe Russian pharmaceuticals companies, she said that they have made a giant leap intheir development. Back in1996, most ofthe companies operating inRussia were foreign. However, today, Russia is producing monoclonal antibodies and that is something tobe proud of.

It is worth tothank our entrepreneurs who work inthe pharmaceutical industry because they have decided toinvest inthe construction ofindustries and not torely onimports. Foreign pharmaceuticals were not ready toinvest inorder tomodernize the Russian domestic enterprises, Arkhangelskaya concluded.

By Sputnik
https://theiranproject.com/vdccm0qim2bq1x8.-ya2.html
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