The Ministry of Healthcare of the Russian Federation (the “Minzdrav”) has developed draft law aimed to improve regulation of drugs circulation, namely in respect of the determination of drugs interchangeability (the "Draft Law“).

Lidings’ Managing Partner, Head of the pharmaceuticals and healthcare industry practice of the firm Andrey Zelenin will speak at the 24th Russian Pharmaceutical Forum annually organized in Saint Petersburg by the Adam Smith Institute with Lidings’ support. The event will take place on May 15-16 traditionally hosted by one of the city’s central locations — Corinthia Hotel.

Lidings Managing Partner Andrey Zelenin will speak at the seminar on The Role of English Law in Russia in 2018 and Beyond organized by the British-Russian Law Association (BRLA) scheduled to take in Saint-Petersburg on May 17th 2018 at the Four Seasons hotel with organizational support of the Maxima Legal law firm.

Lidings’ dispute resolution practice partner Stepan Guzey will take part in the 5th Russian Arbitration Association (RAA) Conference. The event will take place in Moscow on April 26th 2018 at the Marriott Novy Arbat.

Partner of the Lidings’ Intellectual Property practice Boris Malakhov will take part in a conference dedicated to protection of the intellectual property organized by Business Way Forum, national event organizer. The forum will take place on 26-27 of April 2018 in St. Petersburg.

On the February, 1st 2018 the Federal Law No. 486-FZ “On Syndicated Loan and Amendments to Certain Legislative Acts of the Russian Federation” dated 31.12.2017 (hereinafter — the “Law”) came into force.

Partner of the Lidings’ Intellectual Property practice Boris Malakhov will take part in the All Russian Conference on Intellectual Property in Pharma Market: Protection of Rights and Court Practice in 2018. Organized by the Agency for Socio-Economic Development the event will take place in Moscow on April 23rd 2018 at the Balchug Kempinsky hotel.

On April 13, 2018 the draft law (hereinafter — the “Draft law”) imposing measures (countermeasures) in response to the hostile acts of the USA and (or) other foreign countries has been introduced to State Duma by both State Duma’s chairman and parliamentary leaders.

On 1 June 2018 the Federal Law No. 212-FZ (“Law 212-FZ”) entered into force. Law 212-FZ changes the regulation of obligations and certain types of contracts. Below we review changes regarding cession, loan agreement, escrow account and letter of credit.