Espreso. Global

China stops supplying raw materials for medicines to Russia

10 October, 2024 Thursday
13:50

Chinese companies have started halting the supply of pharmaceutical raw materials for drug production to Russia due to sanctions

client/title.list_title

Russian media, citing the chairman of the Active Component Pharmaceutical Company, report that the latest round of sanctions has resulted in restrictions on certain intermediates, assets, and reagents being supplied to Russia. This has created significant challenges for pharmaceutical substance manufacturers in the country.

The supply situation is expected to worsen in the future. However, establishing domestic production of these raw materials in Russia is not a viable solution. 

Currently, Russian drug manufacturers rely heavily on foreign raw materials, with dependence reaching as high as 80%. Furthermore, more than two-thirds of these imports come from China and India.

Since the outbreak of the war in Ukraine, Russia's pharmaceutical industry has faced increased difficulties in importing raw materials, which has led to higher medicine prices. In 2023, Russia imported 12,847 tons of substances, a significant drop from 17,199 tons in 2022. Due to the shortages, the cost of these substances rose by 26% in 2023, reaching $116 per kilogram.

Tags:
Read also:
  • News
2024, Thursday
10 October
18:15
OPINION
Taiwan's lessons: how Ukraine can avoid losing war
17:53
Kadyrov vows 'blood revenge' against three Russian MPs over Moscow shooting
17:34
Exclusive
Putin pushes for control of Donetsk, Luhansk regions before winter hits
17:15
Putin fires Russian ambassador to the U.S., Antonov
16:53
Russia's Yak-130 trainer jets face rising failures due to makeshift engine parts, analyst says
16:31
Ukraine's drone strike on Khanskaya airbase: aircraft types and why it's not just a training base
16:15
Yak-130 military aircraft crashes in Russia
15:54
OPINION
Why West is afraid of Russia's decolonization
15:43
Ukrainian defense forces attack Khanskaya military airfield in Adygea, Russia
15:33
Georgian PM says party's banners of Ukraine's destruction “exposed opponents' lies”
15:27
Updated
Zelenskyy presents Victory Plan to UK Prime Minister Starmer in London
15:16
Exclusive
"Priorities matter": Ukraine's Ex-Chief Military Prosecutor on Biden’s canceled Ramstein trip
14:57
Britain tightens control over compliance with sanctions against Russia
14:35
Russia may attack Sweden for control of Baltic Sea, defense minister says
13:46
Updated
Russia attacks Odesa region's port infrastructure with ballistic missiles: 8 killed, several wounded
13:34
Exclusive
Russia's war offers North Korea chance for money, food, technology — East Asia Expert
13:16
What is White House's plan for Ukraine, General Cavoli's report on key weapons for Ukraine
12:57
Russia regularly deploys chemical weapons against Ukraine – OPCW representative
12:42
Review
Attack on Russian arsenal in Bryansk and U.S. weapons that will aid Ukraine. Serhiy Zgurets’ column
12:18
Russia strikes Ukraine with drones, bombs: 4 injured in Zaporizhzhia, high-rise damaged in Kryvyi Rih
11:39
Zelenskyy meets with leaders of Albania, North Macedonia, Greece and Slovenia
10:39
149 combat clashes take place at Russian-Ukrainian frontline: most intense directions
10:16
Russia responsible for 80% of global influence operations — Czech Ministry of Foreign Affairs
09:56
U.S. confident Ukraine’s forces are stable in Kursk region
09:38
Russia loses 1,080 soldiers, 41 artillery systems, 49 UAVs in one day of war in Ukraine
2024, Wednesday
9 October
21:45
Exclusive
Canned food for AFU contains fat, skin instead of meat - journalistic investigation
21:30
Ukraine’s Defense Forces acquire 175 new vehicles since January
21:15
Zelenskyy unveils first points of victory plan
21:01
Exclusive
Russian army may concentrate on Pokrovsk at end of October - Ukrainian servicema Firsov
20:48
Review
Canada increases efforts to combat Russia’s interference, disinformation
20:33
Exclusive
Will Russian troops be able to cross Oskil River: explanation by Ukrainian reserve major Hetman
20:14
Ukrainian army tells when Russia may launch assaults in Zaporizhzhia sector, how they prepare for it
19:57
Ukraine confiscates ship for illegally entering Crimea’s ports
19:38
Review
Ukraine's mortar needs: role of battalion artillery in fight ahead
19:17
Exclusive
Slovak PM Fico's statements on Ukraine contradict his own actions - political expert
18:56
Exclusive
Military expert: Russian forces preparing for head-on assault on Kurakhove
18:39
Ukraine's spy chief Budanov took part in operation in Vovchansk
18:26
Exclusive
Ukrainian forces strengthen defensive lines in Dnipropetrovsk region
18:11
ICC can prosecute Belarus over deportation of Ukrainian children, regardless of its membership status
17:55
Situation in Toretsk changes within hours - Luhansk troops grouping
More news