Government in talks with investors over potential pharmaceutical factory operations

Officials from the Ministry of Health are slated to commence consultations soon with the principals of a pharmaceutical firm that is said to have voiced an interest in establishing a factory here in Antigua.

That disclosure was made in this week’s post-Cabinet report, which revealed that the objective of the firm would be to produce a number of drugs that are in high demand within the Organisation of Eastern Caribbean States (OECS).

Details about the firm, the potential location of the factory, and the type of drugs to be produced are unclear at this time, but the report noted that lowering the cost of some heavily-consumed drugs is the overall objective.

Chief of Staff in the Office of the Prime Minister, Lionel Hurst, was pressed for those details this week, but he told Thursday’s post-Cabinet media briefing that the talks are truly in their infancy.

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