Construction of a fermentation plant for the manufacture of key pharmaceutical start-up material.
Project is currently under design stage. The objective with Pen-G is twofold. First, would be officially put Oman on the world map for raw materials for start-up medicine and enter this lucrative industry, and second, would be further to establish as a key contributor to Oman Vision 2040 and, by extension, to the government’s national diversification efforts. Furthermore, the location at the SOHAR Freezone, right next to the largest industrial port in the country, provides with ready access to global trade routes between Asia and Europe for both acquisition of raw materials as well as export of product. Penicillin G represents value addition at the raw material stage of antibiotic medicine manufacturing – an area currently dominated by China. Once completely operational, this plant will cater to the demand for Penicillin GK raw material amounting to nearly 10% of the world's consumption.
January
23
2023
Monday
LAST UPDATED
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