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Ynnovas

Newly-Opened Pharmaceutical Company Ynnovas will Export 90% of its Drugs

The newly opened pharmaceutical company Ynnovas represents a project funded within the state’s Produce in Georgia program.

The project’s total investment amounted to 4 million 500 thousand dollars, according to Ynnovas’ head David Ebralidze.

Innova’s pharmaceutical plant is already operating in a testing mode, Ebralidze told CBW. The plant will fully operate in several weeks, he added.

According to Ebralidze, 90% of Innova’s products is export-oriented and neighboring countries such as Azerbaijan, Khazakhstan, Russia and Ukraine are already among potential clients.