Organizational economic mechanism of innovative development and localization of healthcare goods and services production

The author introduced the notion of the organizational economic mechanism for the innovative development of healthcare goods and services production as a system of relations and institutions aimed at creating and disseminating innovations in this field. The subjects of relations are executive authorities, investors, domestic enterprises of the medical and pharmaceutical industry, foreign corporations, medical, research, and educational organizations, professional associations. The problems concerning production localization for pharmaceutical and medical products and the main ways to solve them are identified in order to raise availability of innovative medical technologies for the population. The study determines the aspects of accessibility of innovative medical technologies for the population which include physical, price, and geographic availability, suitability, acceptability, and quality. As an example, the author assessed the need to localize the production of drugs for the treatment of HIV-infected patients. The paper focuses on the feasibility of developing and manufacturing pharmaceutical substances and innovative medicines.