Glenmark Pharma Debuts in US with NC Plant

Glenmark Pharma Debuts in US with NC Plant An India-based global pharmaceutical company has chosen North Carolina for its first North American manufacturing facility. Glenmark Pharmaceuticals Ltd. has purchased a 15-acre site in the Union County city of Monroe, near Charlotte, for the facility. The company plans to spend some $18 million to set up its drug manufacturing plant in an existing 102,000-square-foot building in the Monroe Corporate Center near the Charlotte-Monroe Executive Airport. Glenmark, headquartered in Mumbai, said it expects to employ 41 people by the time it begins production of oral solid dermatology, hormone replacement and cancer drugs Read More

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