Besins Healthcare to produce infertility drugs in Russia
Bangkok, Thailand-based Besins Healthcare has announced plans to build a new plant for the production of drugs to treat infertility in the Yaroslavl region of Russia, according to recent statements of an official spokesman of the Yaroslavl regional government, reports The Pharma Letter’s local correspondent.
The new plant will be built in the local industrial park, known as Novoselki. Construction is scheduled to begin in 2017, with production to commence in 2019. The new plant will produce Utrogestan, a micronized progesterone in capsule formwhich is included in the all-Russian list of vital drugs on the basis of full cycle.
The value of the investment in the project at the initial stage will amount to $30 million with the possibility of this to increase during the next stages of the project.
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