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Markets :: Fine Chemicals/Biotech :: Pharmaceutical ingredients

Medichem opens HPAPI plant in Malta

11:47 PM MDT | July 4, 2014 | Deepti Ramesh

Active pharmaceutical ingredients (API) manufacturer Medichem (Barcelona, Spain) says it has opened a new high potency API (HPAPI) plant in the company's manufacturing site at Hal Far, Malta. “Our expansion into the field of HPAPIs will allow Medichem to offer a broader product portfolio to our customers. Currently, 25% of new drugs in development are highly potent, and we expect [that figure] to keep growing,” says Ervin Veszpremi, CEO of Medichem. With the new plant, the company aims to consolidate its presence in the generic pharmaceutical...

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