A&D Pharma plans regional expansion
ROMPRES - Romanian News Agency - 16 Aprilie 2008
The Dutch pharmaceutical group A&D Pharma, that performs most of its operations in Romania, intends to strike a deal with Bulgarian drug distributor Arishop Pharma.
A&D Pharma CEO Dragos Dinu says the group intends to expand its activity to the countries neighbouring Romania, targeting five foreign markets in the next five years.
A&D Pharma estimates for this year a turnover of seven million euro, derived from the company's partnership with American drug producer Amgen. The MagnaPharm division of the Dutch company will distribute in Romania the cancer-treatment drugs Aranesp, Neulasta and Neupogen.
In 2007, sales in the Sensiblu drug store chain were by 35 pct higher than in 2006, reaching 121.6 million euro, and the distribution and marketing division Mediplus Exim advanced 26 pct to 363.6 million euro. A&D Pharma overall revenues stood at 425.5 million euro.
A&D Pharma group includes the drug store chain Sensiblu, distributors Exim and MagnaPharm, as well as Lauren Finance - a non-banking institution that grants health and beauty care financing. The Dutch company is listed on the London Stock Exchange since 2006.
Sursa: http://www.rompress.ro
Tags: pharma
euro
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