Breaking News on Global Pharmaceutical Technology & Manufacturing

Headlines > Processing

News in brief

Brazil wants to buy Pharma tech from the Ukraine

20-Nov-2012
Last updated the 20-Nov-2012 at 14:15 GMT

Brazil wants to buy pharmaceutical manufacturing technology from the Ukraine as part of a $4.5bn investment plan.

News of the deal emerged earlier this week, just one month after Ukrainian officials visited Sao Paulo as part of a 15 country ‘roadshow’ designed to attract investment.

At the time José Barouki, director of trade and investment company Daruvar SA, said: "We want to build the mini-tractors production plant in Ukraine as well as purchase shipbuilding and pharmaceutical manufacturing technology.”

The deal – terms of which have not been disclosed – builds on a number of existing agreements between Brazilian and Ukrainian firms.

In May, Brazilian state pharmaceutical group Farmanguinhos/Fiocruz bought 3.5 million vials of genetically engineered human insulin from Ukrainian insulin producer Indar. The countries also have also signed a preliminary agreement to establish bilateral insulin production in Brazil using Ukrainian technology by 2014.

Related products

Key Industry Events

 

Access all events listing

Our events, Events from partners...