German health care company B Braun plans to invest up to 22 million euros ($29.6 million) in the expansion of Gematek, its Russian subsidiary, which specializes on the production of infusion solutions.
According to Maxim Zakharchenko, general director of Gematek, the company plans for two new production lines to be installed, which will allow for an increase of the volume of Gematek’s production to 60-62 million bottles of infusion solutions per year.
Last year Braun, launched a new line, which increased output to 34 million bottles a year. The amount of investment in that project reached 1.1 billion roubles ($33.7 million).
This article is accessible to registered users, to continue reading please register for free. A free trial will give you access to exclusive features, interviews, round-ups and commentary from the sharpest minds in the pharmaceutical and biotechnology space for a week. If you are already a registered user please login. If your trial has come to an end, you can subscribe here.
Login to your accountTry before you buy
7 day trial access
Become a subscriber
Or £77 per month
The Pharma Letter is an extremely useful and valuable Life Sciences service that brings together a daily update on performance people and products. It’s part of the key information for keeping me informed
Chairman, Sanofi Aventis UK
Copyright © The Pharma Letter 2024 | Headless Content Management with Blaze