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Pharmacia & Upjohn Plans New Research Center Construction

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STOCKHOLM, Sweden--Pharmacia & Upjohn is moving forward on plans for construction of a $137 million research center here. Research and development president Goran Ando said the center will help the company achieve the critical mass necessary to achieve its goal of discovering 10-12 new candidate drugs per year.

Pharmacia & Upjohn intends to make this center the world leader in metabolic disease research and innovation, Ando said. Last year, with the Karolinska Institute, the company established a Center for Genomics Research as part of the its effort to seek partnerships with the academic research community in the area of molecular genetics.

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