Technopolis Moscow SEZ resident has registered 22 medicines

Technopolis Moscow SEZ resident OnkoTarget has registered 22 drugs in over 40 different dosage forms since 2020. Among them are two original drugs. Since 2020, the resident has invested more than 1.4 billion roubles in production development and produced products worth more than 1.2 billion roubles. The company is a research and production complex organised according to the full-cycle principle. Its uniqueness lies in the consistent implementation of the drug sovereignty strategy in some of the most significant segments - targeted or immuno-oncology therapies. In addition, Oncotarget, together with its partner organisations, produces medicines that are currently not yet available in the Russian Federation. Almost 150 jobs have been created at the enterprise. Its production capacity is capable of producing over 100 million units of solid dosage forms per year, and up to six million units of liquid and sterile non-purified dosage forms per year. The company produces both generics and original pharmaceuticals. Last year, for example, the company launched a drug that helps reduce malignant hyperthermia deaths by 75 per cent. In addition, the company produces medicines that are used in the treatment of socially significant diseases: oncology, HIV infection, cardiac diseases and others. The company's specialists have all the necessary competences for the development and production of original and reproduced medicines. At the Pechatniki site of Technopolis Moscow SEZ, the resident company produces the following targeted therapy drugs: Fulvestrant, Dasatinib, Sorafenib, Sunitinib and others. Special Economic Zone Technopolis Moscow is a territory with a special legal status, which has a preferential business regime for investors. The Alabushevo and MIET sites joined its boundaries in 2006, Mikron in 2015, Angstrem and Pechatniki in 2017. The authority to manage the special economic zone was transferred to the Moscow City Government in 2016. Resident status in SEZ Technopolis Moscow allows companies to receive significant benefits. Residents are exempt from property, transport and land taxes for 10 years. The profit tax rate for such companies is just two per cent. Lease concessions are also available for land plots allocated for construction of production facilities, and upon completion, the land plot can be purchased for one percent of its cadastral value. More information on Moscow's economic policy and property and land relations can be found at economy.mos.ru [ http:// ] . ________________________________________ Press service of the SEZ "Technopolis Moscow" Phone: +7 916 516-15-46 Mail: pr@technomoscow.ru [ mailto:pr@technomoscow.ru ] Subscribe to the SEZ "Technopolis Moscow" in social networks, follow the main news of the SEZ in telegram-channel [ https://t.me/technopolismoscow ]  and receive all the most important news delivered to your mail in our weekly newsletter [ http://events.technomoscow.ru/subscribe/?utm_source=site_technomoscow ] .