Ozon Pharm, one of Russia’s largest pharmaceutical producers, plans to invest up to 600 million roubles ($20 million) in the building of a plant for the production of pharmaceutical in the Russian Samara region, reports The Pharma Letter's local correspondent.
Construction works will begin in the first quarter of 2015, while the new plant will be commissioned in 2016. The new plant will produce up to 60 million packages of drugs in non-sterile and sterile solid forms.
According to some sources close to the company, the new plant may become the basis for the production of some imported drugs. So far, Ozon Pharm has already started negotiations with several drug producers from the European Union and the USA, which are looking for localization in Russia, about the possibility of the establishment of their production at the facilities of the new plant.
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 accountTry before you buy
7 day trial access
Become a subscriber
Or £77 per month
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
Copyright © The Pharma Letter 2024 | Headless Content Management with Blaze