about the Company

What PhystechBIO stands for?

PhystechBIO LLC is a private investment and management company specializing in implementing new physical methods and technologies in Life Sciences (pharma, medical devices, diagnostics etc).

The main mission of the company is to make the global innovations in Life Sciences available to the Russian patients.

We as a team of leaders in this field, have been facilitating development, registration and commercialization of the latest achievements in Life Sciences since 1995.

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the leaders

In-depth and comprehensive knowledge of the Russian pharma and medical market

Igor Krylov

Pharmstandart, CEO (2004-2014)

#1 Russian private pharmaceutical producer of innovative and generic products.
MEDSI, Vice-president, COO (2015 - 2016)

. #1 private medical company on Russian market.
Maraphon Pharma, CEO (2017-2018)

One of the leading producer of vaccines, antibiotics and pharmaceutical distributor.

Oleg Korzinov

RT-MedTech, Rostec
Director of project office (2023)

One of the biggest Russian state corporation and producer of medical devices.
MIPT, Life Science Center, Pharmcluster "Northern", Director (2011-2017)

#1 technical university in Russia, think-tank for governmental programs in high-tech areas. One of the leading biomedical cluster of Russia.
KSI Ventures, Founder and CEO (2013-2022)

Private investment company, managing partner of Seed venture fund with Russian Venture Company (RVC).

More info about Russian market

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background

Professional track record

$7 Billions

total turnover of companies under management.
16 500

total number employees
in companies under management.
50 transfers

were succesfully done from international partners (J&J, Roche, Abbott etc) to Russia .
40 innovations

became avalaible to patients in the field of pharmaceuticals, medical devices, cell and gene technologies .

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non-confidential cases

Some current projects, just to name a few...

SONYA

Innovative medical device for treatment of insomia and sleep improvement

NEUROCHAT

Brain-computer interface as a communication and rehabilitation tool for people with disabilities

BRAIN BEAT

Non-invasive glucometer as the first non-wearable device

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your one-stop partner in Russia

How PhystechBIO can help your business?

PhystechBIO LLC is a comprehensive partner for your Company, offering a streamlined approach to expanding your presence in Russia. Whether you're a start-up or an established international business, we will identify the optimal business model for the Russian market, aligning it with your budget and sales forecasts.

Our extensive experience in the pharmaceuticals and medical devices sector enables us to swiftly analyse your product range, offer guidance on product launches and positioning in the Russian market, and facilitate a seamless market entry.

We can provide co-investment into your project in Russia, as well as to assist you in achieving your strategic goals by helping you register your product, find strategic partners for promotion and distribution, and, if necessary, find a production site for partial or full localisation.

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365^oaround partners' goals

From market analysis to full localization with Russian partner

1. Business case

We conduct a detailed market analysis (historical review of state and private market segments, competitors' sales, market trends and governmental initiatives) to create realistic sales forecasts and business plan of actions.

2. Registration and certification

We provide comprehensive guidance and assistance to help you obtain market authorisation within a minimal time frame and fixed budget. Our services are based on reliable agents and examination laboratories with a successful track record.

3. Production validation and inspection

In accordance with the current legislation in Russia, on-site inspections are required of both Russian and international producers for medical devices class 2a and above. We assist our clients in preparing and validating the necessary documentation in accordance with Russian standards. We organise inspection visits of state agencies and provide future assistance with feedback and documentation corrections.

4. Distribution and sales

Creation of distribution chain and sales representatives in Russia. We choose the best performers on the market or build our own sales force for niche products.

5. Win-win partnerships and strategic alliances

In certain instances, due to national priorities or market conditions, the most straightforward and expedient method of accessing the Russian market is to collaborate with a local enterprise. We have established partnerships with leading and forward-thinking companies across Russia.

6. Development and participation in gov't initiatives.

Some innovative products require the development of a new market and payer base. We analyze, create an economic model for reimbursement purposes, and negotiate with federal and regional authorities, patient organizations, charities, and other supporters.

partnership and service models

PhystechBIO and Partner choose the best model for cooperation

In any case we invest our time and reputation , therefore we are highly interested in getting results, not timeless and costly process like others.

Partnership model

We create SPV for Russian market and co-invest in market analysis, registration of medical devices and market launch.

Service model

We operate as a fee-for-service consulting firm, charging market rates for premium services with no hidden costs or other pitfalls.

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we vs. others

PhystechBIO is a partner of choice for those who cares time and money

Market analysis

Registration

Distribution

Omni-channel sales

Localization and partnership

Investments

contact us

Interested?

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