Russian Medtech Industry Wants Quicker Progress On Eurasian Bloc Plans – 2017 Now Targeted

The much-anticipated Eurasian Economic Union (EAEU) was originally targeted to come into effect at the start of 2016, but more than year later, the five-member trading bloc has yet to be ratified by all nations. The Russian medtech industry is impatient for progress, but IMEDA's Sergey Kolosov sees some promising signs in recent developments.

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[Editors' note:This is the second of three Medtech Insight interviews with Moscow-based IMEDA at MedTech Europe 2016. See the first entry, on efforts in Russia to promote localization, headlined by a recent Philips announcement. (Also see "Russia's Medtech Looks For Chain Reaction After Philips Partnership Deal" - Medtech Insight, 23 February, 2017.) The next article will focus on interventions on pricing, and the tricky task of forming relationships with the Russian regulator Roszdravnadzor.]

The Eurasian Economic Union (EAEU) was supposed to be up and running on Jan. 1, 2016, said a frustrated Sergey...

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