Ethiopia: EPHARM to Have New Factory for U.S.$100 Million

[Addis Fortune]Ethiopian Pharmaceutical Factory (EPHARM) embarked on a new factory that is being built in Sebeta town on a 40,000sqm land. The construction, which will cost the factory up to 100 million dollars is said to follow the international standard of good manufacturing standard (GMS), which will allow it to sell the products competitively to other countries generating foreign exchange according to Mohammed Nuri (MD), EPHARM's board of director's chair.