One of the largest manufacturing facilities for active pharmaceutical ingredients (APIs) in Russia will soon be built in the Bryansk region of the country, according to the local Ministry of Health, reports The Pharma Letter’s local correspondent.
It is reported that the project will be implemented by the Moscow Endocrine Plant (MEP), a leading Russian producer of drugs which celebrated its 75th anniversary in May this year and became a state enterprise in 1962.
According to recent statements by MEP’s general director Mikhail Fonarev, the value of investments in the project will amount to 6 billion roubles ($89.5 million).
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