New API manufacturing facility will be established in the Tula region

| By | API, Drug Manufacturing
0
97

On the sidelines of 22nd St. Petersburg International Economic Forum, Alexey Dyumin, the Governor of the Tula region, signed an agreement with Mikhail Shibaev, General Director of Efremov-Pharma LLC, a chemical and pharmaceutical company.

The document provides for the construction of a plant for full-cycle development and large-scale manufacturing of active pharmaceutical substances through biotech synthesis.

“The establishment of this new production facility is an important project for such single-industry town as the city of Efremov. The company will be one of the first residents in the priority socio-economic development area established this year. The project will contribute to the creation of 120 new jobs. The amount of investments is 2.65 billion rubles,” said Alexey Dyumin.

Efremov-Pharma is a subsidiary of Medhimprom Chemical and Pharmaceutical Company OJSC, a leading manufacturer of ether-containing compounds and alcohol-containing pharmaceutical products in Russia. Currently, the company is focused on dynamic growth by expanding the range of its products.