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MS Pharma to expand manufacturing facilities with $30 million investment from EBRD

MS Pharma to expand manufacturing facilities with $30 million investment from EBRD

Introduction:

Jordan's MS Pharma received $30 million from European Bank for Reconstruction and Development (EBRD) for the production of new generic pharmaceutical products.

Features:

This investment will help the company to upgrade and expand its manufacturing facilities, increase its capacity and produce specialised products for chronic illnesses such as cancer, or cardiovascular, central nervous system and respiratory diseases and also it will contribute to the commercialisation of these products and improve access to the latest generation of pharmaceutical products in the region.

http://www.mspharma.com

Heike Harmgart, EBRD head of office in Jordan, said: "Supporting MS Pharma, in line with the bank's strategy to promote innovation, will contribute to the development of Jordan as a pharmaceutical manufacturing hub in the region and will help boost the production of vital medicines."

Specifications:

Company Name MS Pharma
location Jordan
Type Expansion
Estimated Cost $30 million
Investment Received From European Bank for Reconstruction and Development (EBRD)

 

https://www.zawya.com 

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