Choongwae Pharma, Stavropol's Escom to build $195-mln antibiotics plant.

Russia & CIS Business and Financial Newswire | September 1, 2008 | Copyright

Choongwae Pharma, Stavropol's Escom to build $195-mln antibiotics plant

STAVROPOL. Sept 1 (Interfax) - South Korea's Choongwae Pharma Corporation and Russian pharmaceutical manufacturer Escom (Stavropol) plan to build a plant in Stavropol territory to manufacture antibiotics

Top officials from Choongwae Pharma and Escom discussed the investment project on August 29 at a meeting with the head of the territorial development ministry, Konstantin Khramov.

"There is no other such facility in Russia," Khramov said. "The overall cost of the plant is $195 ...

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