Alexander Terentiev Took Part in Round-Table Discussion “What a Small Innovative Enterprise Needs: Russian Experience”

Different innovations – different needs

Indeed, different technologies and innovative products have different users and needs. To a large extent, demands of a business are determined by the production stage specifics. As pinpointed by DSc Alexander Terentiev, a leading researcher of N.D. Zelinsky Institute of Organic Chemistry RAS, “today winning are knowledge-intensive businesses that create high value-added products but “in small quantities””.

“We make prodrugs for western companies; they need some milligrams of the substance. In my field – in the organic synthesis, biological and pharmaceutical chemistry, and similar areas, this ensures not only survival but also good earnings” – said Dr. Terentiev and added that “Now it is a right time to fabricate high value-added products with low material costs”.