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Izvarino Pharma Plant Got Industrial Complex Status

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The Izvarino Pharma Russian pharmaceutical company was granted the industrial complex status and the right to Moscow tax benefits. The Moscow profit tax rate will be reduced for the innovative company down to 12.5% instead of the standard one of 17%.

Over the past five years, the investments in the Izvarino Pharma plant development amounted to about RUB 1 bn.

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