Pharmaceutical Industry In Russia
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Pharmaceutical Industry In Russia
The pharmaceutical industry in Russia had a turnover of $16.5 billion in 2016, which was equal to 1.3 % of GDP and 19.9% of health spending. The Russian healthcare system is funded by the federal government, social spending and the Federal Compulsory Medical Insurance Fund. However, the industry expects a big shift towards the private healthcare spending. Russia is a net importer of pharmaceuticals, importing $8.9 billion while exporting $635 million of medicines. Close to 80% of imports come from Europe, mostly from Germany and France. Local market The Russian pharmaceutical market can be divided by prescription drugs and over the counter drugs. The prescription drugs sales historically took the biggest share of the market, capturing 61% of the market in 2016. The sales of generic drugs dominate in the prescription category at 64.5%. Out of all pharmaceutical sales they constitute only 39.4%. The most widespread diseases in Russia are cardiovascular diseases, cancer and HIV. ...
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Federal Compulsory Medical Insurance Fund (Russia)
200px, Insurance policy of the Medical Insurance Fund Federal Compulsory Medical Insurance Fund (FFOMS) (russian: Федеральный фонд обязательного медицинского страхования (ФФОМС)) is one of the state extra-budgetary funds (i.e. fund is not a part of federal or regional budgets) established to finance medical services to Russian citizens. Created on February 24, 1993, by decision of the Supreme Soviet of the RSFSR No. 4543-I.Верховный Совет Российской Федерации. Постановление от 24 февраля 1993 г. N 4543-I «О порядке финансирования обязательного медицинского страхования граждан на 1993 год» The activities of the fund are governed by the Budget Code of Russia and the Russian law entitled "On Compulsory Health Insurance in the Russian Federation", and other laws and regulations. Among the key features of ...
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