German tech conglomerate Siemens (ETR: SIE) has signed an agreement with Miko Pharma to develop facilities for the local production of generic pharmaceuticals in Ghana.
This deal, one of the largest in Ghanaian pharmaceutical history, was finalized at the Hannover Messe trade show in Germany.
Siemens will be responsible for developing industrial applications, buildings, infrastructure, and utilities for Miko’s operations in Eastern Ghana, adhering to World Health Organization standards.
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