Drugmaker Lek Reports Strong 2018, Increasing Workforce 10%

By , 30 Jan 2019, 12:39 PM Business
Drugmaker Lek Reports Strong 2018, Increasing Workforce 10% lek.si

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STA, 30 January 2019 - The Slovenian pharmaceutical company Lek, a subsidiary of the Swiss giant Novartis, has announced that it had a very successful 2018 compared to the set objectives, while failing to reveal concrete business results. It did say that it employed an additional 370 people last year to increase the workforce to 4,085.

Lek, which is headquartered in Ljubljana, said in a press release on Wednesday that it was expanding the range of production of healing agents for innovative pharmaceuticals.

Last year, the company launched at the Mengeš location the production of three healing agents for innovative pharmaceuticals, which will enter the market in the coming years.

At other locations in Slovenia, Lek launched the final phases of production of innovative biopharmaceuticals, the press release says.

In Mengeš, located some 10 km north of Ljubljana, the company is building a EUR 38m facility for the production of biological agents, which "will boost the role of the location as a key Novartis centre for biotechnology".

Since 2003, Novartis has invested more than EUR 2.3bn in Slovenia, with more than half intended for development, and the rest to modernisation and expansion of the production facilities.

Lek also announced that it employed an additional 370 people last year, with the number of employees standing at 4,085 at the end of 2018, while "continuing to optimise and adjust the production network in Slovenia."

"By increasing the market share to 30.1% in 2018, Lek has solidified its position as the second largest provider of generic drugs in Slovenia and strengthened its position of the market leader in the non-prescription drug segment," the release reads, the full text of which can be read here.

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