# Serum Institute to invest €40 million to upgrade Nanotherapeutics plant

Serum Institute will invest another 40 million euros (about Rs 280 crore) to upgrade Nanotherapeutics' manufacturing plant in the Czech Republic over the next two years.

- Type: Investment
- Announced: 2017-04-25
- Where: Czechia
- Value: $43.0M (40.0M EUR)
- Status: announced
- Products: injectable polio vaccine
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Serum Institute of India](https://endata.com/companies/23795.md)

## Sources

- [business-standard.com](https://www.business-standard.com/article/companies/serum-institute-acquires-czech-firm-to-expand-polio-vaccine-capabilities-117042500969_1.html), 2017-04-25: "The company will invest another 40 million Euros (about Rs 280 crore) to upgrade Nanotherapeutics's manufacturing plant over the next two years."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.