Government Reinforces Drive To Improve Medical Equipment Inventory

BMI believes there will be substantial opportunities for medical device manufacturers in Russia over the next three years. Minister of Health and Social Development Tatyana Golikova has committed to repairing and re-equipping around 80% of Russian medical institutions from 2011-2012, one third of which are assessed as dilapidated and in need of major repair. While the government will likely use domestic manufacturing sources where possible, the fact that Russia's domestic medical device industry remains relatively nascent should result in substantial supply contract opportunities for foreign

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