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Medical University – PlevenAstraZeneca to invest over 3.6 mln euro in clinical trials in Bulgaria in 2014
Pharmaceuticals company AstraZeneca plans to invest over 7.0 million levs ($4.9 million/3.6 million euro) in clinical trials in Bulgaria ...
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« BackOver $10 million in investments in biotech drugs researches
November 1, 2013
More than $10 million have been invested in a program of clinical reserches on biotech drugs for the last five years in Bulgaria. That was pointed out by Dr. Krasimira Chemishanska, CEO “Amgen Bulgaria” at the science conference “ Innovations in the biotechs – the future medicine” held in Sofia on 31th October.
Dr. Chemishanska explained that the development of a single drug is a huge investment of time and financial resources as well as is associated with a significant risk for manufacturer. Between 10 to 15 years takes the development process and the investment could exceed 1 billion dollars.
Source: investor.bg
Photo: cross.bg
