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Vladimir Putin pledges $3 billion boost for Russian pharma and medical industry

This article was originally published in Scrip

Executive Summary

Russia's prime minister Vladimir Putin has promised to allocate Rb123 billion ($3 billion) from the state budget in 10 years to 2010 to support the development of national pharmaceutical and medical industries. This investment is to be topped up by businesses to an estimated Rb185.3 billion.

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