Global pharmaceutical company Cipla announced in July that its proposed biotech subsidiary, Cipla BioTec South Africa (CBSA) will invest just over R1.3-billion into the country's first biotech manufacturing facility, used for the production of biosimilars, and located in KwaZulu-Natal. Cipla’s South African subsidiary Cipla Medpro – the third largest pharmaceuticals manufacturer in the country – and the biotechnology company will be focused on the manufacturing of affordable and accessible biopharmaceuticals.
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