GlaxoSmithKline and Abbott to start production in Ukraine

19 March 2013

UK pharma giant GlaxoSmithKline (LSE: GSK) and the USA’s Abbott (NYSE: ABT) are considering launching production of their drugs in Ukraine at the facilities of Indar, one of Ukraine’s largest pharmaceutical producers, owned by the state.

According to Lyobov Vishnevskaya, head of Indar, the company will start cooperation with GSK and Abbott this year. There is a possibility that at the initial stage the Ukrainian company will specialize in packing of drugs, among which will be multiple vaccines, as well as drugs against tuberculosis and HIV, while later it may launch their full cycle of production.

Ukrainian media reports suggest that, in addition to GSK and Abbott, Indar plans to launch production of drugs for another global major, the name of which has not yet been disclosed.

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 account

Become a subscriber

 

£820

Or £77 per month

Subscribe Now
  • Unfettered access to industry-leading news, commentary and analysis in pharma and biotech.
  • Updates from clinical trials, conferences, M&A, licensing, financing, regulation, patents & legal, executive appointments, commercial strategy and financial results.
  • Daily roundup of key events in pharma and biotech.
  • Monthly in-depth briefings on Boardroom appointments and M&A news.
  • Choose from a cost-effective annual package or a flexible monthly subscription
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



Companies featured in this story

More ones to watch >


Today's issue

Company Spotlight





More Features in Pharmaceutical