Lupin may invest $50 million in Russian plant; Indian drugmakers doing well with ARVs

11 February 2011

Indian drugmaker Lupin, is considering investing up to $50 million in the construction of a plant as well its R&D center in Russia by 2014, according to local sources.

The location of the plant has not been disclosed; however there is a possibility that it might be established in St Petersburg. The new plant is expected to focus on the production of anti-tuberculosis drugs, as well as galenical preparations and cephalosporin antibiotics.

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