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Richter opens Ft 500 mln biotech lab

Hungarian drugmaker Richter Gedeon Rt unveiled a new Ft 500 million biotechnology laboratory in Budapest on Friday. The laboratory, which will produce recombinant protein, was part of Ft 4.5 billion Richter has spent on biotechnology investments over the last five years, CEO Erik Bogsch said. The ceremony was attended by Minister of Economic Affairs and Transport Janós Kóka, who said knowledge and innovation constitute the real driving force for Hungary.