Pfizer Cooperates with ChemRar to Explore Market Opportunities in Russia
Pfizer and Russia's ChemRar will explore a collaboration focused on R&D and commercialisation of innovative drugs in Russia and other countries.
Pfizer and the Russian pharmaceutical investment and R&D group ChemRar High Tech Center have signed a MOU to explore a collaboration focused on R&D and commercialisation of innovative drugs in Russia and other countries.
The two companies will explore opportunities for accelerated development and commercialisation of certain innovative compounds from Pfizer’s pipeline, through technology transfer and out-licensing deals with venture funding. Pfizer and ChemRar plan to develop innovative compounds and vaccines to treat patients with cardiometabolic, infectious and oncology diseases, which are a high priority for the Russian Federation healthcare system.
Under the terms of the MOU, the two companies can further collaborate with other potential partne
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