Federal Industrial Development Fund

The Industrial Development Fund (IDF) is a Russian state-owned financial institution established to provide low-interest loans to industrial projects, with a significant focus on the pharmaceutical and healthcare sectors. It operates under the Ministry of Industry and Trade and plays a crucial role in financing the modernization of manufacturing facilities and the development of new medical products. The fund supports import substitution initiatives, enabling domestic companies to produce essential medicines, medical devices, and equipment. Through its various programs, the IDF provides the capital necessary for clinical trials, production scaling, and the implementation of advanced manufacturing technologies. It acts as a strategic partner for major Russian pharmaceutical companies, facilitating the growth of the domestic life sciences ecosystem.