Central regions | Technology & innovation | Finance, business

NovaMedica Innotech to open R&D center in Skolkovo

10 Feb '14
NovaMedica Innotech, an R&D unit of NovaMedica, a Russian pharmaceutical company and Skolkovo resident, and the Skolkovo Foundation have signed an agreement to collaborate in building an R&D center in the Skolkovo Techno-park, NovaMedica announced.

The development of NovaMedicas project portfolio and the transfer of technology to support its pharmaceutical factory in Kaluga, in Central Russia, will be the focal areas for the future NovaMedica research center.

In addition, the R&D Center is expected to accommodate the production of clinical trial samples of pharmaceutical products required for the registration of new products and technologies in Russia.

The research center is assumed to include chemical, biochemical, analytical and pharmaceutical laboratories, and a facility for pilot manufacture of pharmaceutical products. The launch of the new Center is slated for next year.

At present, NovaMedica Innotechs product portfolio includes a number of GI, ophthalmology, pain management products and technologies. The future R&D Center is expected to facilitate further work on the companys proprietary technologies and products. With its major focus on product portfolio creation the Company is looking for new innovation products to be marketed in Russia.

NovaMedica is a Russian pharmaceutical company established in 2012 by DRI Holdings Limited, a portfolio company of Domain Associates LLC, a U.S. VC fund with an exclusive focus on investing in life science companies, and Rusnano, Russias government-owned nanotech giant.
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Tags: Skolkovo (347) / R&D Center (23) / NovaMedica Innotech (0) /

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