Daewoong to set up JV for pharmaceutical plant in Indonesia

Published: 2012-04-20 06:56:00

Updated: 2012-04-20 06:56:00

Daewoong Pharmaceutical Co. said Tuesday that it plans to establish a joint venture with PT. Infion, an affiliated company of PT. Bernofarm in Indonesia, to build a cGMP (current Good Manufacturing Practice) pharmaceutical plant.

According to Daewoong officials, the joint venture will be able to produce a number of pharmaceutical products including new drugs from 2013.

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