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Hofseth BioCare’s investments push it to Q3 loss

The Norwegian firm has extended its manufacturing plant at Midsund, adding a new spray drier facility, creating new R&D laboratories and tripling its overall footprint

By Undercurrent News | Oct. 30, 2020 09:48 GMT
Credit: Hofseth BioCare
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Norway's Hofseth BioCare saw a busy third quarter of 2020 result in quite steep losses, as expansion work at its facility in Midsund meant a lower rate of activity year-on-year [...]

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