{{Short description|Russian pharmaceutical company}} {{Use dmy dates|date=October 2020}} {{Infobox company | name = JSC Pharmstandard| | type = Private | traded_as = | logo = Pharmstandard.svg | foundation = 2003 | location = Dolgoprudny, Russia | area_served = Worldwide | key_people = Viktor Kharitonin <small>(Chairman)</small> <BR> Igor Krylov <small>(CEO)</small> | industry = Pharmaceuticals | products = Remedies | revenue = {{wikidata revenue|revenue|USD}}{{wikidata revenue|revenue|ref}} | revenue_year = {{wikidata revenue|revenue|year}} | operating_income = {{wikidata revenue|operating_income|USD}}{{wikidata revenue|operating_income|ref}} | income_year = {{wikidata revenue|operating_income|year}} | net_income = {{wikidata revenue|net_income|USD}}{{wikidata revenue|net_income|ref}} | net_income_year = {{wikidata revenue|net_income|year}} | assets = {{wikidata revenue|assets|USD}}{{wikidata revenue|assets|ref}} | assets_year = {{wikidata revenue|assets|year}} | equity = {{wikidata revenue|equity|USD}}{{wikidata revenue|equity|ref}} | equity_year = {{wikidata revenue|equity|year}} | num_employees = {{Wikidata employees}}{{Wikidata employees|ref}} | num_employees_year = {{Wikidata employees|year}} | homepage = [http://pharmstd.com/ pharmstd.com] }} '''JSC Pharmstandard''' ({{langx|ru|ПАО "Фармстандарт"|PAO "Farmstandart"}}) is a Russian multinational<ref>[http://www.pharmstd.lu Pharmstandard International]</ref> pharmaceutical company.<ref name="zhuplev14"/> It is headquartered in Dolgoprudny, Moscow Oblast.
Pharmstandard's makes and exports over 400 generic and proprietary drugs, including products used in the treatment of diabetes, growth hormone deficiency, cardiovascular diseases, gastroenterological and neurological disorders, infectious diseases, cancer, etc.{{citation needed|date=September 2020}}
The company has six manufacturing facilities located in Moscow, Ufa, Nizhny Novgorod, Kursk, Tomsk and Tyumen.
==History== Pharmstandard was established in 2003 as a result of a merger.<ref name="zhuplev14">{{cite book|last1=Anatoly|first1=Zhuplev|title=Geo-Regional Competitiveness in Central and Eastern Europe, the Baltic Countries, and Russia|date=2014|publisher=IGI Global|isbn=9781466660557|page=228|url=https://books.google.com/books?id=8BOXBQAAQBAJ&pg=PA228}}</ref>
In May 2007 the company raised $880 million in an IPO, valuing the company at $2.2 billion.<ref>{{cite news|last1=Spikes|first1=Salamander Davoudiand Sarah|title=Russian drug IPO raises $880m|url=https://www.ft.com/content/dab0b26a-faa7-11db-8bd0-000b5df10621|accessdate=25 September 2017|work=Financial Times|date=5 May 2007}}</ref> Roman Abramovich owned a 17% stake in the company until March 2008.<ref name="uful">{{cite news|title=Russia's Abramovich sells his stake in drug maker|url=https://www.reuters.com/article/abramovich-pharmstandard/russias-abramovich-sells-his-stake-in-drug-maker-idUSL2750878720080327|accessdate=25 September 2017|work=Reuters|date=2008}}</ref>
In 2013 the company announced plans to buy the ingredient supplier Bever Pharmaceutical, causing Pharmstandard shares to fall 25%.<ref>{{cite news|title=Pharmstandard to buy ingredient supplier for $590 million|url=https://www.reuters.com/article/us-russia-pharmstandard-deal/pharmstandard-to-buy-ingredient-supplier-for-590-million-idUSBRE97C0D020130813|accessdate=25 September 2017|work=Reuters|date=2013}}</ref>
Pharmstandard was delisted from the London and Moscow stock exchanges in 2017.<ref>{{cite news|title=BRIEF-Pharmstandard shares to be delisted as of March 24 - Moscow Exchange|url=https://www.reuters.com/article/brief-pharmstandard-shares-to-be-deliste-idUSFWN1G20GB|accessdate=23 April 2017|work=Reuters|date=17 February 2017}}</ref><ref>{{cite web|title=Об исключении ценных бумаг из Списка ценных бумаг, допущенных к торгам, и о прекращении торгов ценными бумагами|url=http://www.moex.com/n15172|website=Московская Биржа|accessdate=28 August 2017}}</ref>
== References == {{reflist}}
Category:Pharmaceutical companies of Russia Category:Russian brands Category:Pharmaceutical companies established in 2003 Category:2003 establishments in Russia Category:Multinational companies headquartered in Russia Category:Companies based in Moscow Oblast Category:Companies formerly listed on the Moscow Exchange