Deputy Prime Minister Denis Manturov attended the signing ceremony for a long-term licensing agreement that grants the Karaganda Pharmaceutical Complex the right to use Geropharm’s production secret for analogue insulin and provides for the transfer of the production technology.
The filling and packaging stages will be localised at the Karaganda Pharmaceutical Complex plant, with insulin substance to be supplied from Geropharm’s production facilities in St Petersburg. There are plans to release the first commercial product by the end of 2024.