Cooperation between Veterinarian Institute Zemun and agrarian group Union invivo-medicines by French license

Veterinarian Institute Zemun has announced the commencement of cooperation with the biggest agrarian group in Europe, Union invivo, by investment in joint development-production program of pharmaceutical-biological products of Zemun-based Institute. About €5m will be invested in the joint project, €3m of which will be provided by the Institute, whereas the remaining amount will be set aside by the French company. The intention of Invivo is to realize investment of about €10m next year. The transfer of technologies and raw materials from France to Serbia has already started in spite of the fact that the contract on cooperation will be signed next month.

Thanks to this foreign partner, the Veterinarian Institute will be producing medicines by its license and part of production will be exported to French market.