CPhI Russia 2014 Helps Regional Market Grow at Over 10% Annually
Huge regional investment driving innovation with JSC "Pharmasyntez" opening three sites in 2014
Leading events organizer, UBM Live, along with partner RESTEC, announces that CPhI Russia @ IPhEB is returning for a second year to St. Petersburg, from 16th to 17th April 2014. The event will co-locate with ICSE, P-MEC and InnoPack, creating Russia's most comprehensive meeting point for the pharmaceutical industry.
The Russian pharmaceutical market is one of the fastest developing, currently growing at double the rate of the global pharmaceutical market (over 10% annually[1]). Russia is benefiting from a growing economy and with the increased healthcare investments being made by the government, the market is set to enjoy a sustained and prolonged period of expansion. CPhI Russia @ IPhEB and its co-located events provide the ideal platform to break into this attractive region, with both domestic and international buyers and suppliers all looking to meet, network and drive the Russian market.
This year's platinum partner, JSC "Pharmasyntez" exemplifies the growth in the region, through their multi-million dollar investments in domestic drug production- with three new sites opening in 2014. The company will feature as an exhibitor at the event, showcasing their new dosage form capabilities- sterile powders and solutions for injection.
Alongside JSC "Pharmasyntez", the total number of exhibitors vastly exceeds that of last year, rising from 65 exhibitors to more than 200. The exhibition moves to the Lenexpo Exhibition Complex to further facilitate the high levels of growth and mirroring the expanding domestic market.
Highlights of CPhI Russia 2014:
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1. http://www.pmlive.com/pharma_intelligence/putin_-_pharmas_friend_or_foe_in_russia_512893
"The Russian pharmaceutical market is experiencing a grand period of expansion, four years into its Pharma 2020 plan. With increased support from the government, coupled with the desire to increase domestic production by 50%, the Russian pharma landscape is proving to be a very attractive venture for international buyers and suppliers looking to break into this market. CPhI Russia plays a very important role within the region to accelerate this growth and further drive innovation within the market- a key goal within the country's plan", Erik Heemskerk, Brand Director Pharma.
About CPhI
CPhI drives growth and innovation at every step of the global pharmaceutical supply chain from drug discovery to finished dosage. Through exhibitions, conferences and online communities, CPhI brings together more than 100,000 pharmaceutical professionals each year to network, identify business opportunities and expand the global market. CPhI hosts events in Europe, China, India, Japan, Korea, Southeast Asia, Istanbul, Russia and South America and co-locates with ICSE for contract services, P-MEC for machinery, equipment & technology, InnoPack for pharmaceutical packaging and BioPh for biopharma. CPhI provides an online buyer & supplier directory at CPhI-Online.com.
For more information visit: http://www.cphi.com
The UBM Live annual schedule of Pharmaceutical events also includes CPhI, ICSE, P-MEC, BioPh and Pharmatec Japan (9-11 April, 2014 at the Big Sight Exhibition Centre- Tokyo); CPhI Russia and IPhEB (16-17 April, 2014 at the Lenexpo Exhibition Complex- St Petersburg, Russia); CPhI, P-MEC and Innopack South East Asia (20-22 May, 2014 at the Jakarta International Expo- Jakarta, Indonesia); CPhI Istanbul (4-6 June, 2014, at the Lutfi Kirdar Convention and Exhibition Centre- Turkey); CPhI, Fi, ICSE, P-MEC, BioPh and LabWorld China (26-28 June, 2014 at SNIEC- Shanghai, China); CPhI and Fi South America (5-7 August 2014 at Expo Centre Norte, Sao Paulo- Brazil); CPhI, ICSE Korea (2-3 September, 2014 at the COEX- Seoul, South Korea); CPhI, ICSE, P-MEC and InnoPack Worldwide (7-9 October 2014, Paris Nord Villepinte- France); CPhI and P-MEC India (2-4 December, 2014 at the Bombay Exhibition Centre- Mumbai).
About UBM Live
UBM Live connects people and creates opportunities for companies across five continents to develop new business, meet customers, launch new products, promote their brands, and expand their market. Through premier brands such as TFM&A, Internet World, IFSEC, MD&M, CPhI, Cruise Shipping Miami, the Concrete Show, and many others, UBM Live exhibitions, conferences, awards programs, publications, Websites, and training and certification programs are an integral part of the marketing plans of companies across more than 20 industry sectors.
