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JERUSALEM, Oct. 24 (BelTA – Xinhua) – The world's first biotech plant will be established in Eilat, southern Israel, to produce a new AIDS drug, the Ministry of Health said on Tuesday. ;Economy.
The drug, called "Gammora", was developed by the Israeli pharmaceutical company "Zion Medical" and has been successfully tested on humans.
During the stages of experimentation, it became clear that it is also effective in treating cancerous tumors.
The new drug eliminates HIV-infected cells, unlike previous drugs that focused on eliminating the virus itself, which could cause viruses to transform and develop resistance.
The municipality of Eilat has allocated space for the creation of a development center to carry out the research and experiments as well as for the future manufacturing plant.
A total of 30 million US dollars will be invested in the development center, of which 9 million will be allocated by the ministry.
The factory will cost an additional $ 90 million.
The Chinese company "Shenzhen International Biological Research Institute" has acquired the rights to manufacture and market the drug in China.
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