Siberia?s Irkutsk pushes its regional pharma cluster program

The Irkutsk region in Siberia has developed a roadmap for the creation of its own pharmaceutical cluster, and has also reached an agreement with its main investor.

The Irkutsk region in Siberia has developed a roadmap for the creation of its own pharmaceutical cluster, Independent News Agency ? Irkutsk reported, citing Alexei Zezulya, the vice chairman of the regional government. The region has reportedly decided to wait no longer for federal approval and backing and step up work to establish horizontal ties between the regional pharmaceutical companies picked for further support from the regional government. For example, those companies have been enjoying tax benefits since last year already. As Mr. Zezulya explained, the pharma cluster concept has been developed, and the region has reached an agreement on the co-funding of inception phase cluster development with the primary investor in the cluster, which is Pharmasintez, a local pharmaceutical manufacturer. The government is also preparing an application to the Irkutsk Regional Investment Fund for infrastructure support...