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Features of the global pharmaceutical market and the problems of its exploration by Russia’s companies

Author

Listed:
  • Elena Vladimirovna Sapir

    (P.G.Demidov Yaroslavl State University, Russia)

  • Igor Andreevich Karachev

    (P.G.Demidov Yaroslavl State University, Russia)

Abstract

The article examines the modern features of the global pharmaceutical market development in terms of searching the growth opportunities for Russia's pharmaceutical companies on this market. The authors distinguished the following features: high volumetric and structural dynamics of the global pharmaceutical market; transformation of its segment picture; increase in the efficiency of the discovery process and development of new drugs; externalization and alliances of pharmaceutical companies. Besides, it has been proved that the innovation scenario of the pharmaceutical industry development, associated with the gradual inclusion of Russian companies into the global pharmaceutical market, is based primarily on the creation of the modern in all respects single pharmaceutical market of the Eurasian Economic Union.

Suggested Citation

  • Elena Vladimirovna Sapir & Igor Andreevich Karachev, 2016. "Features of the global pharmaceutical market and the problems of its exploration by Russia’s companies," Russian Foreign Economic Journal, Russian Foreign Trade Academy Ministry of economic development of the Russian Federation, issue 8, pages 97-111, August.
    • Handle: RePEc:alq:rufejo:rfej_2016_08_97-111
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