Lilly and Novast to expand manufacturing facility in Nantong, China
US pharma major Eli Lilly (NYSE: LLY) and China-based generic and specialty pharmaceutical company Novast Laboratories have commenced the expansion of manufacturing and development facility capacities in Nantong, Jiangsu, China.
The expansion is a result of Lilly's strategic partnership signed in 2012 with Novast to create a platform of Lilly-branded generic medicines (The Pharma Letter June 13, 2012). The facility will be located on a 22-acre campus located inside the Free Trade Zone of the Nantong Economic Technology Development Area (NETDA).
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