IDB grants $20-million-loan to Colombian pharmaceutical Procaps

IDB Invest, a member of the Inter-american Development Banks -IDB Group, has provided a senior loan of up to $20 million to Procaps S.A. to support the expansion plan of the Colombian pharmaceutical company. The loan will be used to increase the supply of quality pharmaceutical products, support innovation and dissemination of knowledge, increase its product offering and strengthen its value chain.

Source: IDB Invest