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New Pharmaceutical Plant to Be Built in Kaluga

On July 25, 2013 Anatoly Artamonov, Kaluga Region Governor, and Vladimir Gurdus, Director General, D-Pharma management company, concluded an agreement to build NovaMedika pharmaceutical plant in Kaluga. This is a joint project of Rusnano OAO and  Domain Associates LLC, a US venture fund. 

The new production facility will be build in Grabtsevo Industrial Park. It will produce pharmaceuticals and medical products. The project participants are to invest about US$ 85 million. Over 100 new jobs will be created.

Anatoly Artamonov, speaking of the agreement conclusion, said: “We support such projects, for instance through training of pharmaceutical industry personnel in Kaluga Region”. 

 
 

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