SOURCE: Industrial Info Resources

August 12, 2008 05:00 ET

Siemens to Manufacture Radiopharmaceuticals in India, an Industrial Info News Alert

BANGALORE, INDIA--(Marketwire - August 12, 2008) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Siemens AG (Munich, Germany) is gearing up to begin manufacturing radioactive pharmaceuticals, also known as radiopharmaceuticals, in India. The company has established a production facility in Chennai and plans to set up four or five more manufacturing plants in the country over the next two years with investments of $3 million to $4 million for each facility.

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