UK Drug Firm to Set Up Plant in Rwanda

Wednesday, April 2, 2014

A Renowned British multinational pharmaceutical, GlaxoSmithKline, has listed Rwanda as one of the places it considers putting up a production plant as part of its move to form innovative partnerships to transform medicines supply in Africa.

In a statement, the firm said they are looking to partner with several African countries to develop domestic manufacturing capacity.

The move will see the firm invest up to £100 million (about Rwf113 billion) to expand its existing manufacturing capability in Nigeria and Kenya and build up to five new factories in Africa.

Source: All Africa (link opens in a new window)

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Entrepreneurship, Health Care
Tags
business development, global health, manufacturing, pharmaceutical industry, public private partnerships