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Geltec sets up USD 30m manufacturing plant

To produce dietary supplements and medicines at NIP

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Geltec has inaugurated a plant to manufactures dietary supplements and medicines at the National Industries Park (NIP) of DP World.

The company has invested over USD 30 million in the facility that will produce dietary supplements and pharmaceutical products in soft gelatin capsules and gelatin-enrobed tablets, with a rated manufacturing capacity of 1.5 billion units per year.

Geltec has obtained the necessary approvals of the Ministry of Health and Prevention to build the new plant, considering the cGMP standards set by the FDA. The plant has been designed to cope with the requirements of U.S., European, and Gulf regulatory authorities, as well as other international organizations.

The opening of Geltec’s plant is expected to reinforce the UAE’s healthcare sector and to support U.S. and European markets.

There are 20 pharmaceutical factories in the UAE and the number is expected to reach 36 by the end of 2021.

 

 

Source

Dubai FDI