Shandong Heze Ruiying Pharmaceutical Group announced the project of Piperacillin workshop have begun to construct and the production capacity of Piperacillin is 200 tons. Ruiying Pharma and USA Wyeth Pharmaceutical Co., Ltd jointly invested 6 million dollars on the project.
The project's engineering construction and Piperacillin's production will develop accoring to the standard of US FDA. The Piperacillin API will pass the FDA's authentication and most Piperacillin should be exported to USA. After the project is put into production, the sales revenue will reach 21 million dollars and the profit will reach 5 million dollars.