Pharmaceutical Business review

FDS Pharma acquires SciGen Israel hepatitis vaccine manufacturing plant

Run by Russian executives, FDS Pharma owns patents to vaccines and produces active pharmaceutical ingredients (APIs) for the Russian and other markets, according to globes.co.il.

Singapore-based SciGen, a subsidiary of Bioton is a fully integrated biotechnology company developing, manufacturing, and marketing biopharmaceuticals.

SciGen has set up the SciGen Israel plant for $10m, because of the financial difficulties, SciGen has divested SciGen Israel and its vaccine production and marketing rights.