Radiopharma arm to invest CAD 94.5M to double RUBY-FILL capacity
JUBLPHARMA · price
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Jubilant Pharmova's radiopharma business will invest CAD 94.5 million to double production capacity of its flagship product RUBY-FILL at its Kirkland, Quebec facility. The Canadian government will provide financial support of CAD 23.8 million. The company notes demand has been strong, with the RUBY-FILL customer base doubling in the last three years. The expansion will modernize the facility and double manufacturing capacity to meet growing global demand.
Major capacity expansion backed by government support signals confidence in rising global demand, likely supporting future revenue growth.