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Merck plans to set up bio-production plant in India

Tuesday, 21 Feb 2017
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German multinational pharmaceutical and life sciences company, Merck KGaA is likely to set up a bio-production plant in India to help local drug companies create biotech drugs and bio-similars.

The investment in the plants will be around USD 40 million. The unit will provide critical infrastructure to small biotech and biosimilar firms in the country which wish to create a process for a new biosimilar.

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