Manufacturers of pharmaceuticals and medical products of SEZ Technopolis Moscow have increased investments more than three times in the three quarters of 2021 compared to the same period last year, investing more than 13 billion rubles in production, said Vladimir Efimov, Vice-Mayor of Moscow for Economic policy and Land-property affairs.

"In the first three quarters of 2021, residents of the medical technology cluster of the SEZ of Moscow invested more than 13 billion rubles in the creation and development of their production facilities. This is 3.2 times more than the same period last year, when the volume of investments amounted to about four billion rubles. In total, during their work in the special economic zone of Moscow, cluster enterprises have invested about 20.3 billion rubles, having already fulfilled the investment volumes stated in business plans by more than 80 percent," said Vice-Mayor.

Residents of SEZ Technopolis Moscow have already become 18 companies that work in the field of medical technologies. They specialize in the development and production of pharmaceuticals (including vital ones), medical equipment and products.

"This year, cluster residents have significantly increased the number of staff. In the first nine months of 2021, the number of jobs increased by 870, which is almost nine times more than in the same period last year. And over 1.3 thousand jobs have been created here for the entire period of work," said Alexander Prokhorov, Head of the Department for Investment and Industrial policy of Moscow.

There is also an increase in output – from January to September 2021, pharmaceutical companies and manufacturers of medical devices collectively increased their volumes by 3.7 times.

"The volume of output of medical products for the first nine months of this year in monetary terms amounted to more than 3.3 billion rubles. This is 3.7 times more than in the same period last year. In total, the cluster participants have produced products worth almost seven billion rubles over the years of their work as residents of the SEZ. The leaders in the production of goods are manufacturers of equipment for the provision of first and emergency medical care and disinfection and washing machines," said Gennady Degtev, CEO of SEZ Technopolis Moscow.

In the SEZ Technopolis Moscow, the range of products is quite wide - from innovative medicines to disinfection equipment. Anticoagulants, immunosuppressants and other drugs are produced here. They develop and produce medical devices for emergency medical care, artificial lung ventilation devices. The peculiarity of the SEZ of Moscow is that three offset contracts are being implemented at its sites at once, which provide for the purchase of goods for state needs with counter investment obligations to localize their production.

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