German company to set up pharma factory in Malta

Valletta, Malta  - A German company is in advanced talks to set up a factory in Malta to produce dietary supplements to assist people suffering from immune system problems, group CEO Edmund Krix said Friday.

Adinotec AG, formerly known as Neosino Nanotechnologies, currently has operations in Germany and Austria.

Krix told a news conference that the new products would be especially helpful to cancer or AIDS patients who need to protect and strengthen their immune system.

He would not give details on the level of investment, other than to say that this would be a "multi-million euro" project. (dpa)

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