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Swiss’ Roche Announces Closing of Plant in Rio de Janeiro

By Lise Alves, Senior Contributing Reporter

RIO DE JANEIRO, BRAZIL – Swiss pharmaceutical giant, Roche, announced on Tuesday it was closing its drug manufacturing plant in Rio de Janeiro, Brazil. According to reports, the plant will be deactivated in the next four to five years.

"Given the evolution of the product portfolio and lower future production volumes, Roche has made the difficult decision to plan the elimination of operations at the manufacturing facility in Rio de Janeiro in the next four to five years," said the company in -mail to news agency Reuters.

The company attributes the decision to the overall . . .

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