The Current Climate of Clinical Trials in Russia and Ukraine | Page 9

Fees The fees include a permit fee that is paid to the MoH according to the Tax Code (Note: an invoice is not issued by the MoH for the payment), payment either to the hospital/institution or directly to the investigators and the mandatory insurance for all clinical trial participants. Import of Medications and Materials Approval is required to import medications for the purpose of clinical trials. Approval can be gained by submitting an application for a license to import medications to the MoH. CROs are authorized legal entities that can obtain this approval,28 which usually takes no more than two weeks from submission. Because the contract with hospitals should be signed in rubles only (cannot be USD or EUR), it can be problematic to pay hospitals from abroad; only a Russian company can pay another Russian company in rubles. When paying the investigators directly, obligatory payments include the pension fund (22%) and the fund for obligatory health insurance (5.1%). For these reasons, it can be beneficial to work with a locally based contract research organization (CRO). When shipping medications to Russia for the purposes of clinical trials, which does not require certification, it usually takes five to seven days fro