Bosnalijek to establish production of drugs in Russia

7 July 2017

Bosnalijek (SASE: BSNLR), Bosnia and Herzegovina’s largest drugmaker, is considering building a plant for the production of its drugs in the Russian city of Kaluga, according to the company, reports The Pharma Letter’s local correspondent.

It is reported that the plant will specialize on the production solid dosage forms, although its planned range is not disclosed.

Financial details of the project are not disclosed, however, according to some sources close to the company, the value of investments may be in the range of $30-$50 million.

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