The Platinum Ounce XXII All-Russian Competition for Pharmaceutical Professionals took place in Moscow on 14 April.

The event traditionally brought together key industry players.  Platinum Ounce is the oldest professional competition on the Russian pharmaceutical market. It was established in 1999, and the first awards ceremony took place in 2000. In its history, the competition and the Platinum Ounce Awards have earned the title 'Russia's pharmaceutical Oscars'.

This year, the format of the award has been changed. The organisers abandoned the party concept and held the awards in the form of a conference. The event was opened by Yuri Krestinsky, chairman of the competition's organising committee. 'The industry continues to function. We understand that people's health is one of the key development priorities of any state, and that the pharmaceutical industry and drug supply is the cornerstone of any healthcare system,' stressed Yuri Krestinsky.

The Platinum Ounce nominees and winners are traditionally selected by an expert panel. It includes chief executives from major pharmaceutical companies and health authorities, as well as representatives from respected NGOs and leading publications covering the pharmaceutical industry.

As Vladislav Shestakov, Director of the State Institute of Medicines and Good Practice (GILS & NP), noted, Platinum Ounce is a recognised mark of quality, and the award winners have in fact proved that the title of Platinum Ounce winner was earned by each and every one of them.

At the end of 2021, Pharmstandard won the Company of the Year nomination in the Drug Manufacturer subcategory.

Pharmstandard is one of the leaders in the Russian pharmaceutical market. Since the early days, the company's priorities have been the development and production of modern, affordable, high-quality medicines and medical devices that meet healthcare requirements and patient expectations. The company is included in the List of Systemically Important Organisations in the country.

The company's main production facilities are located in Russia's regions: Phs-Leksredstva JSC (Kursk),  Pharmstandard-UfaVITA JSC (Ufa),  Pharmstandard-Tomskhimpharm JSC (Tomsk),  Lekko CJSC (Vladimir Region, vil.  Volginsky).

The company's pharmaceutical portfolio includes more than 450 products in various forms and dosages. The products are supplied throughout Russia and to 12 countries worldwide.

Materials from the award's official website https://uncia.ru/ were used to prepare this report