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Zydus and Sunshine plan US$ 20mn pharmaceutical plant in Horana

Headline from Daily Mirror

From 2 outlets’ reports · latest

2 outlets: 2 private. Languages: EN 2

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AI summary

  • The proposed plant would be in Horana, Sri Lanka.
  • Planned investment is more than US$20 million.
  • The venture involves Zydus Lifesciences and Sunshine Healthcare.

Zydus Lifesciences, an Indian company, and Sri Lanka-based Sunshine Healthcare intend to establish a pharmaceutical manufacturing site in Horana, according to the reports. They plan to invest more than US$20 million.

The Daily Mirror says the facility is aimed at serving demand within Sri Lanka and lowering the country’s dependence on medicines brought in from abroad. Hiru News also reports the joint venture and investment plan, without further details in the supplied report.

Based on: Daily Mirror, Hiru News

Written by AI from these outlets’ reports. Not reviewed by an editor. It can be wrong — the original reports are the authority. Report a mistake.

Read the original reports 2

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