Wednesday, September 22, 2021
ISChamber News

Merck to invest €15 million in its Madrid plant
The German pharmaceutical company Merck is to invest 15 million euros in its Madrid factory in Tres Cantos over a two year period in order to increase production.
The current plant produces one hundred percent of the companys growth hormone and eighty percent of the fertility treatment Gonal. Growing demand for both products has led to the investment in the biotechnology plant in order to raise production capacity by fifty percent, with an anticipated 20% increase in the workforce.

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News Date: 20140624
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