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)
- Health Care