Richmond seeks financing for vaccine lab

Richmond seeks financing for vaccine lab

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Argentine pharmaceutical company Laboratorios Richmond said it has created a financial trust to finance a $70 million project to build a plant for making biotech products, including the Sputnik V COVID-19 vaccine. The green, social and sustainability trust will be sold to institutional investors after a roadshow from May 17 to May 31, the company said in a presentation on Wednesday. Banco de Valores will act as the financial trustee of the instrument. Richmond plans to start the year-long projec

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