Serbia's Galenika to invest $40 million in new pharma facility in Russia
Serbian drugmaker Galenika plans to build a new plant in Russia’s St Petersburg that will specialize on the production of its branded drugs, according to the company, reports The Pharma Letter’s local correspondent.
It is reported that implementation of the project will be part of Galenika’s current strategy of foreign expansion. The planned value of investments is estimated at $40 million.
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