JSC Pharmstandard is a Russian multinational[1] pharmaceutical company. It is headquartered in Dolgoprudny, Moscow Oblast.
Pharmstandard's makes and exports over 400 generic and proprietary drugs, including products used in the treatment of diabetes, growth hormone deficiency, cardiovascular diseases, gastroenterological and neurological disorders, infectious diseases, cancer, etc.
The company has six manufacturing facilities located in Moscow, Ufa, Nizhny Novgorod, Kursk, Tomsk and Tyumen.
History
Pharmstandard was established in 2003 as a result of a merger.[2]
In May 2007 the company raised $880 million in an IPO, valuing the company at $2.2 billion.[3] Roman Abramovich owned a 17% stake in the company until March 2008.[4]