Mylan continues strategic investments in Hungary
Mylan N.V., an American global generic and specialty pharmaceuticals company registered in the Netherlands, will continue investments in its packaging, testing and logistics center in Komárom, the firm said in a press release sent to the Budapest Business Journal.
Mylan has provided its products to patients in Hungary for 20 years and this country has developed into a strategic European center for the company, says the press release. It now employs more than 650 workers in Hungary across its three operations: a packaging and regional center for testing and releasing in Komárom; a European hub for transactional services (finance & HR) in Budapest; as well as nationwide commercial operations.
The company says it has invested more than EUR 60 million in its packaging, testing and logistics center in Komárom. The Komárom facilities were established in 2010, and Mylan continues to make significant investments in both facilities and the people it employs. Currently, more than 100 million packs of Mylan medicines are shipped from Komárom to serve patients in numerous markets across the world.
"Over the last three years, Mylan has also built a shared service center supporting our European business that now employs more than 150 people. Within commercial operations, Mylan sells around 150 products across some of the most important therapeutic areas: cardio, gastro, CNS, pain, allergy, infectology. Every minute, ten packs of Mylan medicines are dispensed from pharmacies to serve patients in Hungary," the press release says.
Mylan says it supports a global agenda of ensuring healthy lives and promoting well-being for all at all ages. The company is actively involved in the fight against antimicrobial resistance (AMR), one of the most significant health issues.
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.