Gedeon Richter to build manufacturing plant in Debrecen, Hungary

Gedeon Richter Plc. has chosen the Hungarian city of Debrecen to construct a plant in order to develop and manufacture biopharmaceutical products.

Investment
Total expenditure for the completion of the project has been estimated to be around HUF 15 billion (US$ 99 million). The Hungarian government has decided to assist the project through direct subsidies given the amount of expenditure going behind the completion of the same as well as the welfare that the project shall bring about to the Hungarian state.

Project Details
Richter is commencing the construction of the biotechnological plant in Debrecen’s Industrial Park in 2008. The plant will be ready to commence operations from 2012. The project will assist in presenting biotechnology as a sector adding high value to intellectual standards in Hungary. It is estimated that the plant will create approximately 110 new jobs in the state.

In the initial years, it will be manufacturing drug samples for clinical trials. However, it will be ready for manufacturing for commercial purposes from 2014. The manufacturing facility will comply with the international standards of quality, safety and environmental needs. While the facility will have the provision of manufacturing therapeutic proteins using mammalian and insect cells, it will also be suitable for other technologies adapted with minimal modifications.

Project Name

Gedeon Richter biomanufacturing plant

Location

Debrecen Industrial Park, Debrecen, Hungary

Commence

2008

Completion

2012

Estimated Investment

HUF 15 billion (US$ 99 million)

Capacity

NA

Key Players

Gedeon Richter