Drug prices in Russia up 15%

RUSSIA / FSU POLITICS - In Brief 16 Apr 2020 by Alex Teddy

On April 16 Russian newspaper Kommersant reported that drug prices in Russia have risen by up to 15% due to the fall of the RUB. Importers have to pay more for imported ingredients and this has been passed on to consumers. People rushed to pharmacies in March to stock up on pharmaceuticals in anticipation of lockdown. There will probably be less demand due to the lockdown.

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