The most comfortable conditions will be provided in order to implement the project on construction of a Belarusian-Indian pharmaceutical enterprise in Kolyadichi. This was announced by Mikhail Myasnikovich, the Chairman of the Council of the Republic of the National Assembly of the Republic of Belarus, at his meeting with Dr. Bandi Parthasaradhi Reddy, the founder and Chairman of Hetero Group, held in Minsk.
“In Belarus, there are currently three projects with participation of Indian pharmaceutical companies, including one in Beshenkovichi of Vitebsk region, one in Skidele of Grodno region, and one in Kolyadichi of Minsk region,” said Mikhail Myasnikovich. “The project to build, together with Hetero, a production facility for antiretroviral drugs and general therapeutic drugs in Kolyadichi is the largest (its estimated cost is about $60 million, and the plans for construction include three stages).”
Mikhail Myasnikovich assured that the necessary conditions will be provided for successful construction of the pharmaceutical enterprise by JivaPharm together with the Indian side. “We would like to manufacture more pharmaceutical forms in partnership with Indian investors” said the chairman of the Council of the Republic.