6th Russian-Swedish Economic Forum 2016 "New investment potential: ideas and opportunities"

24 November 2016, Lidingö, Sweden.
Russia has set a course for supporting the latest scientific research and, in particular, on drugs, and transferring the new technologies to Western markets. One example of such developments is the project by the Biomedical Centre of St. Petersburg, led by Professor Andrey Kozlov. This private think tank researches the role of epidemiological approaches to the fight against HIV and AIDS, develops new concepts of active preventative measures and has been working on a vaccine against the virus since 1994. Some of the potential vaccines developed at the Centre have successfully passed their pre-clinical and clinical trials and are now awaiting state support for conducting the 2nd and 3rd phases of the clinical trials.

The Science Magazine has praised the Biomedical Centre of St. Petersburg as an 'island of talented investigators' for their contribution to 'clarifying the rate of spread of HIV among injecting drug users and documenting the transmission from IDUs into the broader population through heterosexual sex'. The magazine said that Russian scientists arrived at the very epicentre of research on vaccines against HIV and that the importance of their work goes far beyond the Russian borders.

The initiative put forward by the Industry and Trade Ministry in 2016 was aimed at helping such promising innovative developments to enter the market. This initiative has seen the launch of a programme for promoting, expert trials, analytical support and business acceleration for research projects which have earlier received state funding.

The programme was designed to support the development of successful research, reassess the projects' viability and patentability, and to analyse their technological and economic potential for scaling both in Russia and abroad.

The selection process involved assessment by a number of experts from a variety of fields, such as medicine, pharmaceuticals, innovations and intellectual property, as well as representatives of the business. Projects were reviewed by representatives of both the scientific and the methodological schools. Such an approach ensured a comprehensive assessment and eliminated any risk of a conflict of interests; one of the prerequisites for being an expert was having no connection to any of the participants of this project.

Such efforts to ensure independent assessment have been made as the Ministry aims to commercialise new technologies based on original ideas and latest developments on global markets as soon as possible. Russian drugs get approved by foreign investors who recognise their competitiveness with increasing frequency. Similarly, the global financial crisis and the rouble's devaluation against other currencies over the past few years have made the environment for joint projects in Russia more attractive and have worked in favour of such international syndicates.

The programme of the 6th Russian-Swedish economic forum on new investment potential, which will take place in Stockholm, includes a presentation of the project office and Russian innovative projects in pharmaceuticals and biotechnologies on 24 November.

In 2017 the Ministry of Industry and Trade of the Russian Federation is planning to expand the work of the independent project reviewing commission.

For further information about the 6th Russian-Swedish economic forum, please visit:
http://rysslandshandel.se/en/vi-russian-swedish-economic-forum-2016/

You can register for the 6th Russian-Swedish economic forum here: http://rysslandshandel.se/forum/forum2016_registration.php

Most Popular Now

Pfizer and Lilly announce top-line results from lo…

Pfizer Inc. (NYSE:PFE) and Eli Lilly and Company (NYSE:LLY) announced top-line results from a Phase 3 study evaluating tanezumab 2.5 mg and 5 mg. The objective of the stu...

Bristol-Myers Squibb reports first quarter financi…

Bristol-Myers Squibb Company (NYSE:BMY) today reported results for the first quarter of 2019 which were highlighted by strong demand for Opdivo (nivolumab) and Eliquis (a...

Walnuts may help lower blood pressure for those at…

When combined with a diet low in saturated fats, eating walnuts may help lower blood pressure in people at risk for cardiovascular disease, according to a new Penn State ...

Amgen ignites a social fitness movement to support…

Amgen (NASDAQ:AMGN) launched the Breakaway Challenge initiative, a national social fitness program to motivate individuals to take action in their health and to support t...

Comprehensive tumor profiling promises new therape…

The WINTHER trial, NCT01856296, led by investigators from Vall d'Hebron Institute of Oncology - VHIO (Spain), Chaim Sheba Medical Center (Israel) (Raanan Berger), Gustave...

AstraZeneca starts artificial intelligence collabo…

AstraZeneca and BenevolentAI today began a long-term collaboration to use artificial intelligence (AI) and machine learning for the discovery and development of new treat...

Possible link between autism and antidepressants u…

An international team led by Duke-NUS Medical School has found a potential link between autistic-like behaviour in adult mice and exposure to a common antidepressant in t...

Chemotherapy or not?

Case Western Reserve University researchers and partners, including a collaborator at Cleveland Clinic, are pushing the boundaries of how "smart" diagnostic-imaging machi...

Researchers define Alzheimer's-like brain disorder

A brain disorder that mimics symptoms of Alzheimer's disease has been defined with recommended diagnostic criteria and guidelines for advancing future research on the con...

Drugs to prevent stroke and dementia show promise …

Treatments that prevent recurrence of types of stroke and dementia caused by damage to small blood vessels in the brain have moved a step closer, following a small study...

Amgen and Syapse enter precision medicine collabor…

Amgen (NASDAQ:AMGN), a world leader in biotechnology, and Syapse, a company powering precision medicine insights through its global provider network, announced a precisio...

Personalizing precision medicine with combination …

Precision oncology often relies on treating patients with a single, molecularly matched therapy that targets one mutation in their tumor. In a report, published online in...