OREANDA-NEWS. June 09, 2014. SME Bank (Vnesheconombank group) allocates RUB 50 mln for development of a medical product for Alzheimer’s disease treatment.

The project is implemented by NPK Medbiofarm (Obninsk). The financial support is provided under FIM Targeted credit product for 5 years.

The funds will be allocated via a partner under the SME Lending Support Program - Bank Elita – at 12.25% p.a.