Pharma deal easy pill to swallow

0 CommentsPrint E-mail Global Times, November 3, 2010
Adjust font size:

Nycomed International's 51.3 percent stake purchase of Guangdong-based Techpool Bio-Pharma may prove to be a shot in the buttocks for China's pharmaceutical industry.

"...(The trend of foreign firms buying into the China market) will be beneficial in helping upgrade the entire Chinese pharmaceutical industry, as they can learn from the advanced technologies and management expertise of foreign companies," said Guo Fanli, a pharmaceutical industry analyst with the CIC Industry Research Center.

Swiss-based Nycomed specializes in producing medicines for gastrointestinal diseases, respiratory diseases and oncology.

Guo told the Global Times that the acquisition would prove beneficial for both sides.

"Nycomed will get access to Techpool's distribution channels … and Techpool also gets the chance to learn from Nycomed and strengthen its global presence," Guo said.

Techpool has a strong intellectual property portfolio, with 35 patents filed, 17 of which have been approved, including one in the US.

Its products are sold across China and exported to a number of countries, including Japan and South Korea.

"There was hardly ever any news of foreign pharmaceutical companies' taking over (Chinese firms) just a few short years ago," Guo said.

"At that time, the industry was kind of a mess, so foreign companies preferred to set up their own companies on the Chinese mainland."

That's starting to turn around, though, as many foreign companies are looking toward the growing opportunities in China.

In 2009, German pharmaceutical-maker Bayer spent 1.07 billion yuan ($160 million) to purchase several over-the-counter drug brands from Topsun Science and Technology Co, based in Jiangsu Province.

In addition, US-based Charles River Laboratories failed in their attempt to purchase Jiangsu-based WuXi AppTec earlier this year.

For another major share holder of Techpool, the Shanghai Pharmaceuticals Holding Co, which holds 40.8 percent of Techpool's shares, Nycomed's acquisition is also potentially good news.

"The acquisition brings the two companies (Shanghai Pharmaceuticals and Nycomed) closer together, allowing for further cooperation," Guo said.

Print E-mail Bookmark and Share

Go to Forum >>0 Comments

No comments.

Add your comments...

  • User Name Required
  • Your Comment
  • Racist, abusive and off-topic comments may be removed by the moderator.
Send your storiesGet more from China.org.cnMobileRSSNewsletter
主站蜘蛛池模板: 中文字幕在线一区| 亚洲综合小说久久另类区| 欧美三级香港三级日本三级| 女人扒开屁股爽桶30分钟| 久久久亚洲欧洲日产国码二区 | 四虎影院永久免费观看| 香港三级欧美国产精品| 国产真实伦在线观看| 69av在线播放| 国内精品久久久久久99蜜桃| reikokobayakawatube| 小雪坐莲许老二的胯上| 中国xxx69视频| 无码国内精品人妻少妇蜜桃视频| 久久精品亚洲欧美va| 最近中文AV字幕在线中文| 亚洲午夜电影在线观看| 欧美日韩亚洲国内综合网香蕉| 亚洲精品中文字幕乱码影院| 男人j桶进女人p无遮挡免费观看| 动漫美女www网站免费看动漫| 美女bbbb精品视频| 啦啦啦资源在线观看视频 | 最新无码a∨在线观看| 亚洲人成免费电影| 欧美成人免费一区二区| 亚洲欧美丝袜制服在线| 正在播放暮町ゆう子在线观看| 亚洲香蕉久久一区二区| 狠狠色综合TV久久久久久| 免费人成在线观看视频播放| 精品人体无码一区二区三区| 午夜精品久久久久久久99| 精品香蕉一区二区三区| 后入内射欧美99二区视频| 美女巨胸喷奶水视频www免费| 四虎国产精品永久在线网址| 美女黄网站人色视频免费| 四虎AV永久在线精品免费观看| 美妇乱人伦交换小说| 啦啦啦中文在线观看|