Indonesia's first biomedicine factory opens

Kalbe Farma aims for higher margins with biological products

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Kalbe Farma President Vidjongtius, right, gives Indonesian President Joko Widodo a tour of the company's new biomedicine factory outside Jakarta on Feb. 27 (Photo from Indonesia's Ministry of Industry)

ERWIDA MAULIA, Nikkei staff writer

JAKARTA -- Indonesia's largest pharmaceutical company, Kalbe Farma, inaugurated its first biological drug factory on Tuesday, as it aims to produce higher-margin prescription drugs amid heated competition in the country's pharmaceutical industry.

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