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Companies / Germany

Merck KGaA To Build Biopharmaceutical Plant

August 2006 | Company Finance Alert
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Confirming its commitment to the growing biotechnology sector, German firm Merck KGaA has decided to construct a biopharmaceutical production plant at its headquarters in Darmstadt, Germany. At an estimated cost of EUR190mn (US$244mn), the facility represents the second-largest single investment ever made by the company. Approximately 190 highly skilled employees will be recruited to operate the plant and construction is expected to commence in