Ukrainian Prime Minister Volodymyr Groysman has opened the new Interchem laboratory complex in Odesa.

"We are launching the Interchem laboratory complex. I wish growth for the enterprise and good salaries for employees," he wrote on his Twitter page on Tuesday.

Head of Odesa Regional Administration Mikheil Saakashvili, representatives of Italy, the Czech Republic, head of the Ukrainian office of the European Bank for Reconstruction and Development (EBRD) and other officials also took park in the ribbon-cutting ceremony.

The press service of double liability company Interchem (Odesa) reported that the investment project would help to increase medicine production by four times. This, in turn, would influence the provision of the public with high-quality and affordable medicines and stimulate entering Ukrainian-made medicines to foreign markets.

Total investment in the new project as of early May reached EUR 42 million, and the gross space of the new complex is 15,000 square meters.

Some 139 new jobs have been created. The company seeks to increase the number of employees from 700 (as of early 2016) to 960 by 2020.

Interchem has paid over UAH 243 million to local and national budgets during the implementation of the project.

Interchem is one of the leading Ukrainian producers of medicines and pharmaceutical substances. It is included in the top ten manufacturers of medicines. The share of own production reaches 2% of the total market in the country.

In 2007, production of medicines was certified in compliance with GMP. Production at Interchem the compliance with GMP was twice confirmed in checks by state supervision agencies.