Upharmacia August 2017 | Page 7

Upharmacia August 2017 markets of Europe and the US, we will organize inspection of the FDA and the European Directorate for the Quality of Medicines & HealthCare (EDQM)”. At the same time Farmak is testing the possibility of producing own products at pharmaceutical plants in Ukraine and Europe. This may apply to solid forms of drugs (granules and tablets). According to Mr. Dubnicka, in 2017 Farmak plans to invest UAH 230 mio in development of its projects. Augustin Dubnicka replaced Filia Zhebrivska at the position of Farmak’s CEO in Jul. The company plans to increase its presence on European market to reach USD 1 bln sales in 2020. In 2016, Farmak increased its income by 67% y-o-y to UAH 677 mio. REGULATORY UPDATES A C hange in the P rocurement of M edicines H as B een A pproved The Cabinet of Ministers of Ukraine has again reinstated the deadlines for mandatory observance by healthcare institutions and facilities, fully or partially financed from the state and local budgets, of the requirements of Resolution “Some Issues of State Regulation of Prices for Medicinal Products and Medical Devices” No. 333 as of March 25 th , 2009. Thus, on August 23 rd , 2017, the Cabinet of Ministers adopted a decision according to which institutions and health care institutions, fully or partially financed from state and local budgets, may procure medicinal products legitimately registered in Ukraine and included in the State Register of Medicinal Products of Ukraine. Therefore, these healthcare institutions and facilities are not required to follow the National List of Essential Medicines while procuring medicines in 2017. T he L ist of R are D iseases H as B een S upplemented The Ministry of Health has approved changes to the List of Rare (Orphan) Diseases which Shorten Life of www.upharma-c.com Patients or Lead to Disability and for Which There Are Recognized Methods of Treatment (hereinafter - the List). The corresponding Order of the Ministry of Health of Ukraine No. 731 as of June 29, 2017 has been registered with the Ministry of Justice. Rare endocrine diseases, digestive disorders and metabolic disorders, as defined in Section I, have been supplemented with following 7 new positions: impaired ornithine metabolism, argininemia, ornithine carbamoyltransferase deficiency; impaired glycine metabolism; other disorders of lipid accumulation, Wolman's disease; hereditary erythropoietic porphyria; late cutaneous horphyria; other porphyrias; lipomatosis which was not classified elsewhere. Section IV list “Rare Diseases of the Nervous System” has been supplemented with 10 positions, which include the following: Provided by — — other forms of secondary parkinsonism; — — dystonia; — — craniocervical dystonia spreading to the larynx and upper limbs; — — blepharospasm; — — other dystonia; — — unspecified dystonia; — — specific epileptic syndromes; — — hereditary motor and sensory neuropathy. Also, the List has been amended with Section XI “Rare Diseases of Sclera, Cornea, Iris and Ciliary Body”, containing 2 points: interstitial (stromal) and deep keratitis (Kogan syndrome), and iridocyclitis. — — encephalitis, myelitis and en- cephalomyelitis; encephalitis, myelitis and encephalomyelitis together with diseases classified in other sections; progressive en- cephalomyelitis with rigidity and myoclonus; — — secondary parkinsonism caused by other external factors; 7