Programme: Programme "Competitiveness and Innovation in Enterprises" 2021-2027

Neopharm Bulgaria is a company established in 1996.  Until 2002 the company traded in medicinal products, substances and chemicals on the domestic and foreign market. We started our own production in 2003 and the first product, Neopholic, came on the market in the same year. Our mission is to create effective products of high quality that offer therapeutic benefits that significantly improve the lives of our consumers in medical conditions for which unsatisfactory solutions are missing or exist. All of them are developed by our development team.
Neofarm has been named one of the fastest growing companies in the pharmaceutical market in terms of speed of introduction of new products and increase sales revenue on an annual basis. We constantly invest in new developments and equipment.
With this project we aim to implement in regular production innovative probiotic products affecting the specific state of constipation, based on our own cultivated and isolated strain  Lactiplantibacillus plantarum DSM 34434.  We will be able to close the production cycle by fully controlling the production process. 
This is a key moment for our development, as it allows us to develop new products to add to our portfolio with even greater speed and better effect and high quality.
The project will create a new business facility in the city of Plovdiv, where the new equipment will be positioned and the production of the probiotic product to probiotic powder will be carried out.
The project is implemented in the thematic area of smart specialization Industry for Healthy Living, Bioeconomy and Biotechnology and includes product innovation as well as one in business processes. 
As a result, we will increase our competitiveness and produce value-added products with a direct positive impact on people's health, leading to increased revenue for our company and product portfolio.