“Pharmasyntez” has received 1 billion rubles for the production of a drug for treatment COVID-19

The industry development Fund (PDF) was provided by JSC pharmasyntez two loans totaling 1 billion rubles. These funds will be used to organize continuous production of combined antiretroviral drug lopinavir+ritonavir, which can also be used for treating coronavirus infection.

The combined drug is produced at the Irkutsk plant of group of companies “pharmasyntez”. The loans were offered under the new programme “Combating epidemic diseases”, launched less than a month ago. Under the program, businesses can get from 50 up to 500 million roubles under 1% annual for the term up to 2 years. Money can be spent for the purchase of equipment, replenishment of working capital for procurement of raw materials, materials and components, the acquisition of mission-critical finished products abroad.

“This is the first of the regional projects this year that received loans FER of the Russian Federation. “National Champions” – the Champions always and everywhere. Once JSC “pharmasyntez” became the first company in the Irkutsk region, received a loan of FRP to the opening of production in Bratsk, today they are the first in the region and one of the first in Russia has received a loan under the new program “Combating epidemic diseases,” – said the Director of FRP Irkutsk region Yana Shevchenko.

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