Richter to Sell Grunenthal Products in Brazil
Image by gedeonrichter.com
Hungarian pharmaceutical company Gedeon Richter on Tuesday announced a deal to sell the women's healthcare products of German peer Grunenthal in Brazil, according to a report by state news wire MTI.
The agreement, signed by the local units of Richter and Grunenthal, includes the oral contraceptives Belara and Belarina and food supplements used in pregnancy and lactation.
The partners will draw on Richter Brazil's "expertise and dedicated team" and the "excellent quality and strong brand heritage" of the Grunenthal products.
Richter chairman Erik Bogsch said the agreement marks another step on the way to becoming a "global player" in the women's healthcare market. Richter remains committed to expanding its women's healthcare portfolio, organically and inorganically, in numerous regions of the globe, including Latin America, he added.
Erste Bank Hungary Q1 Earnings Close to HUF 29 bln
Hungary Welcomes Extension of China's Visa Exemption Policy
Living's Kassák Terrace and Park West 3 Classified as Brownf...
Aldi Opening Biggest Store in Budapest
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
