Vladimir Kilinkarov became a speaker of the international partnering forum Life Sciences Invest. Partnering Russia

On 17-18 November 2014 in Taleon Imperial Hotel there was held the IV Annual International Partnering Forum Life Sciences Invest. Partnering Russia. The forum is aimed to revitalize business contacts of companies and investors in the life sciences sphere.

The principal subject matter of the forum was support of topical federal initiatives focused on the development of this market as one of the key economic sectors. The main objectives of partnership are to make the Russian Life Sciences market more attractive to business and investments, to develop partnership with the world leading clusters and companies, to transfer technologies and to build infrastructure for the innovative development of Life Sciences in Russia.

Vladimir Kilinkarov, a partner and the head of PPP at Maxima Legal was actively involved in the theme discussion: Public Private Partnership. Organizing primary medicine and social care. Nuclear medicine. State asset management.

During his speech he cast light on specific problems of the implementation of healthcare infrastructure projects being realized under public private partnership (PPP) patterns and shared his opinion regarding specific changes to legislation and state policy required to launch pilot projects.

“Due to various reasons, including crucial social need and state healthcare policy, medicine becomes more and more attractive for private equity investment which makes state goals easier achievable and is beneficial to the services consumers. Among the best examples are concession projects permitting to organize efficient building and operation of a medicine infrastructure facility due to involving of well-motivated and thrifty private business. It allows re-allocating most material risks to a private partner able and experienced enough to mitigate them.

However, today the PPP development in the medicine sphere is impeded by the absence of unambiguous and specific state policy of medicine infrastructure development; the absence of investment element in mandatory medical insurance structure; strict and often outdated standards and norms of medicine services provision, and principles for assessment of quality of such services provision. All the said problems and difficulties can be overcome if the Ministry of Healthcare of Russia and regional authorities set a goal to overcome them and show their political will”.