North West | Industry, manufacturing | Technology & innovation

Pharm-Holding to build $20m peptide medicine complex in St. Pete

28 May '10
Pharm-Holding intends to build a science research and production complex to produce peptide medicine in St. Petersburg, Kommersant reports.

Investment in the project has yet to be disclosed, but is estimated by experts at over $20m at an initial stage.

Under plans, the company is to become the fifth resident in the St. Petes pharmaceuticals cluster and build the plant on a three-hectare land site in Pushkin district, next to four other pharmaceutical complexes.

The project is scheduled to be carried out in 2010-2014.
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Tags: medicine (59) / St. Petersburg (568) / Pharm Holding (0) /

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