The Ministry of Industry and Trade did not receive notice of the withdrawal from Russia of the pharmaceutical company Orion Pharma
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The Ministry of Industry and Trade of the Russian Federation did not receive a notification about the termination of supplies of medicines to Russia from the Finnish pharmaceutical company Orion Pharma. Earlier about her departure from the Russian market informed newspaper “Vedomosti”.
“Notices about leaving the Russian market or stopping the supply of medicines included in the company’s portfolio have not been received by the Ministry of Industry and Trade of Russia. An official request has been sent to the company, ”the Ministry of Industry and Trade said (quote from TASS).
Vedomosti noted that the withdrawal of Orion Pharma from Russia could be the first precedent for a Western pharmaceutical company to wind down business in the Russian Federation. According to the newspaper, now the manufacturer is laying off employees of the Russian division.
In the first two quarters of 2022, the highest sales of Orion Pharma were recorded in Russia and Eastern European markets – up to 17% of the total volume ($44 billion). Higher rates are recorded only in Finland.
Read about the situation on the pharmaceutical market in Russia in the material “Kommersant” “Medicines of the future are becoming a thing of the past”.
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