Romanian drugmaker Antibiotice has received a $15 million governmentcredit, which will go towards the revamping of the group's production facilities, reports the local newspaper Bursa.
The company is currently in the throes of privatization, with 53% of its shares to be made available, and several firms have expressed interest, says Bursa, including APPM of Switzerland, Israel's Rekah, Germany's Savanit, Timchem of Romania and India's Torrent.
This article is accessible to registered users, to continue reading please register for free. A free trial will give you access to exclusive features, interviews, round-ups and commentary from the sharpest minds in the pharmaceutical and biotechnology space for a week. If you are already a registered user please login. If your trial has come to an end, you can subscribe here.
Login to your accountTry before you buy
7 day trial access
Become a subscriber
Or £77 per month
The Pharma Letter is an extremely useful and valuable Life Sciences service that brings together a daily update on performance people and products. It’s part of the key information for keeping me informed
Chairman, Sanofi Aventis UK
Copyright © The Pharma Letter 2024 | Headless Content Management with Blaze