Many state-owned enterprises had to reinvent themselves or face closure after the fall of communism in Eastern Europe. In the case of the former state institute for glass research in Hradec Králové in the Czech Republic, that reinvention has been highly successful. Privatized in 1992, its new owners decided to use the clean rooms that had previously been home to optical glass research for pharmaceutical contract packaging instead. Since then, SVUS Pharma a.s. has become one of the Czech Republic’s leading contract pharmaceutical manufacturers and has even launched its own range of products under the Farmax brand.
SVUS Pharma a.s.
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