Market intelligence, trend analysis and forecasts for the Pharma and Healthcare industries across the regions

Industry / Venezuela

Local Drug Production Initiated

May 2009 | Industry Trend Analysis

Venezuelan President Hugo Chávez inaugurated a drug production centre in Caracas in early May 2009. He also approved a US$40mn budget for 2009 and US$43mn budget for 2010 for the construction of a pharmaceutical industrial complex in Guacara.

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