Germany's Ratiopharm Group invests in Canada
Germany's Ratiopharm Group is to spend about C$80 million ($51million) over the next three years expanding production and stepping-up R&D at its plant in Montreal, Canada, reports the Montreal Gazette. The plant will be renamed Ratiopharm Canada and C$25.1 million will be spent on expanding the facilities and C$54.45 million on a research center. Production is expected to grow from 281 million tablets and capsules a year currently to 452 million in 2006.
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