CTC Bio, a local biopharmaceutical company, said Friday it will inject 64.5 billion won, 14.38 percent of its stake, by December 30, 2013 into projects at expanding its manufacturing facilities for vaccines, injectables, animal drugs and feed additives.
The plans were announced at its board of directors meeting on Friday.
The building will be constructed in Hongcheon, Kangwon Province.
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