Flagship Russia/Nicaragua vaccines project runs into trouble
The launch of a new Russian-Nicaraguan vaccine production, which was recently established in the city of Managua with the aim of becoming one of the largest in Central and Latin America, will be postponed for the end of the current year, according to press-service of the Russian Ministry of Health.
The decision was mainly due to financial problems of the investors in the project, reports The Pharma Letter’s local correspondent.
The decision to build a plant in Managua was taken by Russia and Nicaragua in 2013 after the meeting of their respective presidents Vladimir Putin and Daniel Ortega.
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