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INVESTORS FROM CHINA SHOWED THEIR INTEREST IN THE PRODUCTION OF MEDICINES IN MORDOVIA

Mordovia senior officials and representatives of Saransk plant Biokhimik discussed cooperation in pharmaceutical production with partners from China during the meeting.

According to the press service of the Head of Mordovia, the delegation from Shandong province came to Saransk with business visit. The Head of Mordovia Vladimir Volkov discussed possible cooperation in the pharmaceutical industry with Pen Xin, General Director of Lukan Pharmaceuticals. Chairman of the Board of Directors of Promomed company Petr Bely, Director of NC Pharm Vasily Mironkin, CEO of Biokhimik Dmitry Zemskov and members of Mordovia Government participated in the meeting.

Vladimir Volkov noted that the Republic has experience in cooperation with China within the Volga - Yangtze project.

'We have signed four agreements with the Chinese provinces of the upper and middle reaches of the Yangtze river - Anhui, Hubei, Chongqing and Sichuan. We are ready to conclude new agreements to strengthen interregional ties between our countries'.

General Director of Lukan Pharmaceuticals Pen Xin told about the work of his company. It is the largest drug manufacturer in Shandong province: the annual turnover of the company is 32 billion RMB. The province is located at the same distance from Beijing as Saransk from Moscow. The population of Shandong is 100 million people.

Pen Xin visited the production site of Biokhimik:

'I saw that it is a successful modern enterprise producing a wide range of medicines for the world level. I inspected new production lines confirming that the plant has been modernized.'

Members of the Chinese delegation admired the beauty and comfort of the capital of Mordovia and invited the Head of the Republic to visit Shandong province to establish closer interregional cooperation.

Vladimir Volkov asked the Government of the Republic of Mordovia to prepare agreement on cooperation.