Business news from Ukraine

NUMBER OF CLINICAL TRIALS OF MEDICINES IN UKRAINE WILL DOUBLE

The number of clinical trials of medicines that are conducted in Ukraine could double by 2023, Ivan Vyshnyvetsky, the head of the Ukrainian Association of Clinical Research, has said. During the first congress of the association held in Kyiv, he noted that doubling the number of clinical trials conducted in Ukraine would be a strategic task for the association. “Undue pressure on researchers involved in clinical trials on the part of controlling and law enforcement agencies has recently increased. Obviously, to ensure a greater transparency of the process, it is necessary to improve the regulatory framework regulating clinical trials and eliminate the existing gaps,” the expert said.
He also stressed that the association intends to conduct a systematic educational work in order to dispel “myths and horror stories” about clinical research that circulate in the Ukrainian society. “Clinical trials that determine the efficacy and safety of drugs is a standard international practice aimed at increasing the availability of modern and innovative treatment and is used in all developed countries,” he said.
He told Interfax-Ukraine that currently about 200 clinical trials are being conducted in Ukraine. At the same time, over the past two years the reduction in the number of clinical studies has stopped.

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UKRAINE AND CHINA PLAN TO DOUBLE GOODS FLOW TO $10 BLN

The opportunities for cooperation in agriculture, construction and energy sectors have been discussed by Ukrainian Prime Minister Volodymyr Groysman with Chinese Ambassador to Ukraine Du Wei. “Ukraine and China plan to double mutual goods flow to $10 billion and are mulling new opportunities or cooperation in agriculture, construction, first of all infrastructure facilities, energy and other areas,” the press service of the Cabinet of Ministers reported after a meeting of the prime minister with the ambassador.
Groysman said that the potential of relations between Ukraine and China is deepening every year, and more and more spheres of mutual interest appear.
At the meeting the Ukrainian prime minster thanked the Chinese diplomat for the successful completion of a project providing ambulances for Ukraine. He expressed hope that China International Import Expo 2018 will be successful. A Ukrainian delegation will take part in the exhibition.

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