Hungary's foreign minister has inaugurated a 5 billion HUF (15.5m EUR) unit of Israeli-owned drug maker Teva in Debrecen, in eastern Hungary.
Péter Szijjártó, Minister of Foreign Affairs and Trade, opened the new facility on Wednesday which is set to help generate the local economy and create new jobs.
During the ceremony, Minister Szijjártó noted that Teva ranked among the top 20 pharmaceutical exporting firms in Hungary in 2017.
Attila Mile, Teva’s local production director, said the new 1,500 sqm unit will produce caspofungin with technology developed locally.