Glocare Pharma Manufacturing PLC has inaugurated its pharmaceuticals investment project at Kilinto Industrial Park worth USD 5 million.
The factory becomes the first pharmaceuticals manufacturing company to commence production at the park, quoted Ethiopian Industrial Parks Development Corporation (IPDC) by FBC.
The company has the capacity to produce 600 million tablets and 7 million caps of medicine on daily basis, wrote FBC.
CEO of IPDC, Sandokan Debebe, the Health State Minister Ayele Teshome, Indian Ambassador to Ethiopia Robert Shetkintong and officials of Glocare Pharma have attended the inauguration ceremony.
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