26 August 2003 21:22 [Source: ICIS news]
SAO PAULO (CNI)--The Popular Medicine Foundation (Furp), a pharmaceuticals manufacturer controlled by the state of Sao Paulo, will begin production on a second plant later this year, CNI learned Tuesday.
The new facility, which will be located in Americo Brasiliense in the state of Sao Paulo, will require an investment of Real70m ($23.5/Euro21.8m) and will begin operations in mid-2004, according to a spokesperson.
The new plant will have the capacity to produce 1.2bn pills/year and 21m/year of injected drugs, the spokesperson said.
All of Furp's production is distributed to public hospitals and first aid stations throughout the state to patients free of charge.
The new plant will double Furp's production. Earlier this year, Furp completed a capacity increase at it Guarulhos plant, upping production to 2.1bn pills/year.
The Guarulhos factory currently produces over 100 different drugs.
The goal of the Furp program is to mass-produce the drugs most widely used in the state’s public health system including analgesics, anti-inflammatories, oral rehydration therapies and cardiovascular drugs.
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