Russian pharmaceutical firm Protek posted a 4.4 percent rise in Q1 revenue in its debut results as a public company, helped by a 5.9 percent rise in its core drugs distribution arm.

The Russian government supports the U.S. company General Electric (GE) in an initiative to set up a joint venture with Russian companies in the energy sector and the health care system, Russian Prime Minister Vladimir Putin said at a meeting with GE Chairman and CEO Jeffrey Immelt here on last Friday.

The Supervisory Council of the Russian Corporation of Nanotechnologies (RUSNANO) has approved the corporation's participation in a project to create a center for preclinical studies.