{"id":8649,"date":"2026-07-24T11:02:30","date_gmt":"2026-07-24T09:02:30","guid":{"rendered":"https:\/\/olpha.eu\/?p=8649"},"modified":"2026-07-24T11:02:33","modified_gmt":"2026-07-24T09:02:33","slug":"marks-major-construction-milestone-for-new-manufacturing-facility","status":"publish","type":"post","link":"https:\/\/olpha.eu\/en\/marks-major-construction-milestone-for-new-manufacturing-facility\/","title":{"rendered":"Marks Major Construction Milestone for New Manufacturing Facility"},"content":{"rendered":"\n

Once operational, the new facility and its advanced technologies will enable Olpha to increase its finished dosage form manufacturing capacity by up to 2.5 times. The investment will also improve operational efficiency and further strengthen compliance with international pharmaceutical quality standards. Production of three new medicines is expected to begin at the facility upon its commissioning. Additional medicines from Olpha\u2019s expanding product portfolio will be introduced over the following years.<\/p>\n\n\n\n

\u201cEvery investment in manufacturing is also an investment in Latvia\u2019s ability to develop high-value-added products and compete in the European pharmaceutical market. Europe increasingly recognises the importance of secure and reliable pharmaceutical manufacturing within the region, and Latvia is well positioned to contribute. The expanded facility will allow us to bring more new medicines into production, increase productivity and strengthen Latvia\u2019s position within Europe\u2019s pharmaceutical industry. A competitive manufacturing sector is one of the foundations of a strong national economy. By continuing to invest in Latvia, we are also contributing to a more resilient supply of medicines across the European Union,<\/em>\u201d said Dr. chem. Juris Hme\u013c\u0146ickis, Chairman of the Management Board of AS Olpha.<\/strong><\/p>\n\n\n\n

The project will introduce a range of digitalisation and automation solutions to streamline manufacturing processes. In certain operations, for example, equipment cleaning times are expected to be reduced by up to 50%. The new facility will also support enhanced compliance with Good Manufacturing Practice (GMP) requirements\u2014an important prerequisite for Olpha\u2019s continued expansion in European markets.<\/p>\n\n\n\n

\u201cThe project is being implemented with support from ALTUM, Latvia\u2019s state-owned development finance institution. Of the total investment, EUR 3 million will be allocated to design and construction, while EUR 2.84 million will be invested in new production lines and equipment. ALTUM is providing EUR 1.75 million in financing. Olpha\u2019s investment project will strengthen the company\u2019s capacity to develop and manufacture new products, expand its portfolio and enter new export markets,\u201d Through the Large Investment Loan Programme, ALTUM provides financing for projects that increase productivity, facilitate innovation and advance higher-value-added manufacturing in Latvia. Agreements have already been signed for more than 25 large-scale investment projects across a range of industries,\u201d<\/em> said Inese Z\u012ble, Member of the Management Board of ALTUM.<\/strong><\/p>\n\n\n\n

The expansion of Olpha\u2019s manufacturing infrastructure forms part of the company\u2019s long-term growth strategy. Since the change in its majority ownership, Olpha has significantly expanded its portfolio of generic medicines and strengthened its presence in Western European markets.The company has launched eight new medicines to date and expects the total to exceed 20 by the end of 2026. The portfolio covers multiple therapeutic areas, including cardiology, pulmonology, neurology and psychiatry, endocrinology and oncology.<\/p>\n\n\n\n

Olpha\u2019s new medicines are already available in the Baltic States, the Czech Republic, Italy, Slovakia, Poland and France. The development, registration and preparation for commercial launch of a new generic medicine typically takes between 2.5 and six years.<\/p>\n\n\n\n

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Latvian pharmaceutical company Olpha has celebrated the topping-out of its new finished dosage form manufacturing facility, marking a major milestone in the company\u2019s expansion. A commemorative time capsule was also embedded in the foundations of the new building. Olpha is investing EUR 5.84 million in the project, which will significantly increase its manufacturing capacity, support the production of new medicines and further modernise its operations.<\/p>\n","protected":false},"author":4,"featured_media":8619,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[5,1],"tags":[],"class_list":["post-8649","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-press","category-uncategorized"],"acf":[],"yoast_head":"\nMarks Major Construction Milestone for New Manufacturing Facility - Olpha<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/olpha.eu\/en\/marks-major-construction-milestone-for-new-manufacturing-facility\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Marks Major Construction Milestone for New Manufacturing Facility - Olpha\" \/>\n<meta property=\"og:description\" content=\"Latvian pharmaceutical company Olpha has celebrated the topping-out of its new finished dosage form manufacturing facility, marking a major milestone in the company\u2019s expansion. 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