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21-04-19
UAE inaugurates medical plant at USD29.95m
(MENAFN) The UAE was announced to have inaugurated a massive USD29.95 million medicine plant for Geltec Healthcare FZE at the National Industries Park (NIP) of DP World.
Geltec Healthcare FZE confirmed that the new plant was established with a capacity to manufacture 1.5 billion tablets annually.
This plant was inaugurated on Saturday by the assistant undersecretary for public health policy and licensing at the ministry of health and prevention (MoHAP).
According to the firm, the UAE is hosting twenty medical manufacturing plants, and there is a plan to level up that number to climb to 36 over the next two years.
MENAFN2104201900450000ID1098418001
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