- Business
- PJSC Pharmsynthez (MOEX: LIFE) operates as a leading Russian pharmaceutical group specializing in the research, development, production, and sales of innovative and generic medicines targeting socially significant diseases including tuberculosis, HIV/AIDS, oncology, hepatitis, diabetes, blood disorders, and immunodeficiencies; its core offerings encompass over 300 drug types and more than 60 pharmaceutical substances across all dosage forms such as tablets, capsules, granules, infusion solutions, sterile powders, and injectables, with key brands including Neovir, Segidrin, Fenasid, and Penkrofton, alongside active pharmaceutical ingredients (APIs), hospital antibiotics, antiretrovirals, and antineoplastics produced at five high-technology GMP-compliant factories in Irkutsk, St. Petersburg, Ussuriysk, Bratsk, and Tyumen. The company maintains a robust research center focused on original drug technologies, organ-specific delivery systems, and import-substitution generics, serving public hospital procurements where its Russian-made products hold a 72.8% volume share, while exporting to CIS countries and collaborating with North American, Canadian, and European partners on chemical compounds and custom API synthesis. Founded in 1996 with headquarters in Irkutsk, Russia, and additional operations in St. Petersburg, PJSC Pharmsynthez drives annual production exceeding 87 million packs through advanced facilities equipped by global manufacturers. Recent developments include a RUB 800 million put option agreement with LDA Capital in 2024 to fund pioneering projects over 36 months, such as launching original drugs like Epolong for domestic markets, expanding API production, and introducing vaccines including Xemys for multiple sclerosis, Sci-B-Vac for hepatitis B prevention, and COVID-19 treatments; in 2025, the company announced plans to launch Russia's first innovative medication for chronic myeloid leukemia (CML) blood cancer, signed a partnership with Skolkovo Foundation at SPIEF-2025, participated as general partner in the IPhEB 2025 exhibition, showcased innovations at CPHI & PMEC China, and saw founder Vikram Punia recognized in Forbes' World Billionaires Ranking.