AUGUSTA, Ga. (AP) - An animal pharmaceutical plant in Georgia has restarted operations.
Brazilian drug company Uniao Quimica Farmaceutica Nacional SA acquired the former Elanco facility in Augusta last year. It celebrated the restart of production Thursday.
The Augusta Chronicle reports the company operates through its U.S. subsidiary, Union Agener. It produces an injectable hormone that stimulates milk production in dairy cows and is marketed under the Posilac brand name. The company hopes the Georgia plant will give it an edge over its primary competitor in Brazil, a subsidiary of Merck & Co. that sources the hormone from a South Korean producer.
Uniao hopes to begin selling the product pending regulatory approval in the third or fourth quarter.
The privately-held company is Brazil’s largest pharmaceutical firm and produces generic drugs and over-the-counter medications.
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Information from: The Augusta Chronicle , http://www.augustachronicle.com
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