High-tech Pharmaceutical Factory Planned in Tbilisi
A high-tech pharmaceutical factory will be built in accordance with international standards in Tbilisi. The Partnership Fund and the Austrian company Humanity Holding GmbH will conduct the project ordered by the government. The Ministry of Health and Social Affairs will actively participate in the project.
The Partnership fund will build a high-tech pharmaceutical factory in line with international standards. The European standard pharmaceutical drug manufacturing factory will be equipped with the latest technology, modern laboratory quality inspection, warehousing and other necessary infrastructure.
The factory will produce at least 800 types of medicine, both for local use and for export. A certain number of drugs will be imported by the company, which they planned to sell at reasonable prices in Georgia.
The factory will employ 300 people, including local and foreign specialists.
The total cost of the project is USD 130 million.
To carry out and operate the project, the Humanity Holding Gmb H founded JSC Humanity Georgia. The agreement for the new project was signed between the Partnership Foundation, Humanity Holding GmbH and project company Humanity Georgia.