14-Jul-16 US multinational drug maker Pfizer is laying down a new foundation in Russia, with a JV to produce pharmaceuticals domestically. Pfizer’s announcement is a plus for Russian businesses, and for sentiment, insofar as it shows the country is still open to Western-backed multinationals. [image: Don Emmert / AFP / Getty Images]

12-Jul-16 Major hospitals in Korea's second largest city Busan - Dong-a University Hospital, Kangdong Hospital and CMS Korea - are visiting Russia to enter the market and entice Russian patients. The number of foreigners visiting Korea for medical treatment stood at 297,000 in 2015, up 11% from 2014. Russian patients accounted for 7% and Busan was their major destination. [image: Busan Medical Tourism]

09-Jun-16 Basic healthcare is becoming less accessible to ordinary Russians. Medicine sales have fallen for the first time in Russia since 2008: Analysts recorded a 10% drop in drug sales in the first quarter of 2016. During a severe economic crisis, a growing number of Russians can no longer afford to buy medicine. [image: Andrei Iglov / RIA Novosti]

09-Jun-16 Turkey’s Acıbadem Hospitals Group, which recently bought Bulgaria’s largest health group for EUR125 million, is now considering investments in Serbia and Romania in a bid to double growth figures over the next five years. The group plans a big health center in Amsterdam as well. [image: Hurriyet Daily News]

19-Apr-16 Walgreens Boots Alliance has bought a 15% stake in Russian pharmacy chain 36,6. In return Walgreens Boots Alliance has sold its Russian distributor Alliance Healthcare Russia to 36,6. The country’s commercial drug market can be very promising for foreign investors. [image: Newseurope]