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Biocad company as a representative of Russian innovation

Biocad company as a representative of Russian innovation

Publish date: 2014-12-26

Russian biotechnology sector as a part of central European region is still underfunded. However, despite political issues, it has a great potential for development with several leading companies shaping the regional market. Irina Gennadyevna, Public Relations Manager at BIOCAD, describes the company and provides more general view of Russian biotechnology market.

Tags: russia , CPHI Worldwide , company , Biocad , Irina Gennadyevna

BIOCAD is a Russian innovative biopharmaceutical company having as a major goal increase of the life expectancy and improvement of quality of life. It manufactures original biological products as well as generic biotech drugs.

Is biotechnology sector in Russia well-developed? Are there many competitive companies in the biotechnology sector?

Irina Gennadyevna:  Commercially, biotechnology sector in Russia is still under-developed compared to US and EU. In certain areas BIOCAD has no local competition. For instance, we are the only company that produces therapeutic monoclonal antibodies.

How has the biotech sector changed during the time when you are on the market?

Irina Gennadyevna: Several companies emerged during the last decade, so called "New Russian Pharma", that are capable of developing and manufacturing complex products according to international standards. They are very successful commercially and drive development of local industry. Most of them also enjoy at least some sort of  government support in the form of grants for various co-development or research projects.

What are your main services/products and where do you find most clients? Is it Europe or US?

Irina Gennadyevna: Our main market is Russia, although we are rapidly expanding our business on other emerging markets. BIOCAD is the only local manufacturer of biosimilar rituximab, a drug used to treat patients with non-Hodgkin’s lymphoma. We also make Algeron, the only Russian original drug against chronic hepatitis C. This drug was recently included into the federal registry of life-saving and essential medicines, the list of products that are distributed to the needy patients with the federal government’s financial assistance because they have deep socio-economic impacts.

We also have antiretroviral generics on the market and in our pipeline, as well as products that treat multiple sclerosis, patients with cancer, and other serious conditions.

Our company works to provide more affordable therapeutic proteins and small-molecule generics to patients who previously had limited access to high-value drugs in the areas of oncology, autoimmune, and infectious diseases

Do you usually participate as a company in the international events such as CPHI Worldwide, which is the biggest pharmaceutical initiative?

Irina Gennadyevna: Yes, our employees visited last four CPHIs, and we had our own stands last year in Frankfurt (as BIOCAD Brazil Farmacêutica Ltda) and this year in Paris.

What are the major benefits of the participation?

Irina Gennadyevna: Great way to meet other companies, both for procurement and business development.

Have you succeeded in making  new business deals during this year’s CPHI?

Irina Gennadyevna: We signed several good international contracts during and after these shows, one cannot ask for more.

by Maciej Smolarz

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