Russia's Geropharm to invest $60 million in insulin production in Russia

25 January 2018

Geropharm, one of Russia’s leading insulin producers, to invest 2 billion roubles ($35.3 million) in the establishment of insulin production in the city of Pushkin of the St Petersburg region of Russia, reports The Pharma Letter's local correspondent.

The project involves full-cycle production of insulin and its analogues, with a capacity of more than 1,000 kg of insulin substance per year.

According to the company, the first stage of the plant was officially commissioned in September of 2017, while the launch of the second stage is scheduled for November 2018

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.

Try before you buy

Free

7 day trial access

Take a Free Trial

All the news that moves the needle in pharma and biotech
Exclusive features, podcasts, interviews, data analyses and commentary from our global network of life sciences reporters.
Receive The Pharma Letter daily news bulletin, free forever.

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