Addis Ababa, August 11, 2023 (Addis Walta) Indian pharmaceutical company, Calyx Chemicals and Pharmaceuticals, expressed its interest to invest in the pharmaceutical sector at Kilinto Industrial Park.
Ethiopian Industrial Parks Development Corporation (IPDC) CEO, Aklilu Tadesse, received the representatives of the company at his office. The two sides discussed a range of issues.
During their discussion, the company’s representatives presented the company’s detailed investment proposal to the IDP CEO.
According to IPDC, Aklilu Tadesse welcomed the investment proposal and assured that IPDC will provide full support for the immediate realization of the investment proposal.
Based in India, Calyx Chemicals and Pharmaceuticals produces 60% of the world’s ingredients used for malaria and tuberculosis drug production. The company supplies ingredients to the world’s largest drug manufacturers.