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Andersen Tax & Legal and the Russian law firm Pepeliaev Group collaborate to organize a conference on the Life Sciences market

| News | Russian Desk

The Russian Desk of Andersen Tax & Legal and the Life Sciences Department of the Russian law firm Pepeliaev Group, analyse the necessary steps to access the Pharmaceutical Market in the Eurasian Economic Union and Russia, at a working breakfast held at the Círculo Ecuestre in Barcelona

Andersen Tax & Legal, represented by Toni Prat, managing partner of the Barcelona office and Luis Duarte, head of the Russian Desk of Andersen Tax & Legal, organised a working breakfast entitled "How to access the Life Sciences Market in the Eurasian Economic Union". The conference was attended by the Russian law firm Pepeliaev Group, specialized in the Life Sciences branch and especially in the pharmaceutical sector, represented by Sergey Klimenko, partner in charge of the Life Sciences practice, Alexander Panov, senior associate and Nikolay Solodovnikov, partner in charge of the Corporate Law practice.

Throughout the day, the current panorama of the Russian pharmaceutical and health market and of the countries of the Eurasian Economic Union (Belarus, Kazakhstan, Kyrgyzstan and Armenia) was presented and the best strategies to access it were discussed.

Special emphasis was placed on the government's policies to encourage the localization of pharmaceutical and medical device production in Russia, which are an advantage for companies seeking to establish themselves in Russia (either directly or through partnerships with local companies). Large pharmaceutical companies continued their CAPEX investment policies in Russia during 2014 - 2018. Likewise, the policies for the construction of the common pharmaceutical and medical device market promoted by the Eurasian Economic Union facilitate that entry into any of the countries that make up the union allows access to the markets of the other member countries (as an example, from 2020 onwards the procedure for registering products for the member countries will be unified).

After the presentation of the panorama of the sector in Russia and the countries of the Eurasian Economic Union, the attendees had the opportunity to ask questions about the market from different perspectives, such as the problems related to registrations or relations with local distributors.

Pepeliaev Group is a Russian law firm offering legal services throughout the Russian Federation, CIS countries and abroad. They have more than 160 lawyers in 9 offices. The company offers legal support to more than 1,500 companies, 50% of which are multinational companies carrying out long-term investment projects in Russia.

Andersen Global is an international association of independent and legally separated member firms, composed of tax and legal professionals from around the world. Established in 2013 by member firm Andersen Tax LLC, Andersen Global now has more than 2,500 professionals and a presence in more than 91 locations through its member firms and collaborating firms.

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