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Yungjin to build W17.4 billion plant

Published: 2010-06-14 06:56:00
Updated: 2010-06-14 06:56:00
Yungjin Pharm said in a regulatory filing on June 3 that it will invest 17.4 billion won to build a plant producing cephalosporin antibiotics by March next year.

“To meet the growing demand overseas, we will build a new GMP plant,’’ a company official said.

The plant will be built in Namyang, Kyunggi Province.

To this end, Yungin is scheduled to seek its paid-in capital increase by 35 ...

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