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: 亚洲一区爱区精品无码| 国产v亚洲v欧美v专区| 99久久久国产精品免费蜜臀| 性色爽爱性色爽爱网站| 久久亚洲私人国产精品va| 最近中文字幕免费完整国语| 亚洲大成色www永久网址| 波多野结衣视频网址| 免费国产在线观看老王影院| 美女扒开尿口让男生捅| 国产亚洲日韩欧美一区二区三区| 欧美成人三级一区二区在线观看 | 国产三级精品三级在线专区| 亚洲午夜一区二区电影院| 狠狠精品干练久久久无码中文字幕| 午夜爽爽试看5分钟| 色偷偷91综合久久噜噜app| 国产人澡人澡澡澡人碰视频| 黄页网站免费在线观看| 国产欧美精品一区二区色综合| **一级毛片免费完整视| 国产美女爽到喷出水来视频| 99久re热视频这里只有精品6| 天天在线欧美精品免费看| 一区二区三区欧美视频| 性xxxxfreexxxxx喷水欧美| 中国国产成人精品久久| 放荡的欲乱合集| 中文字幕日韩理论在线 | 成人精品一区二区三区电影| 亚洲一区日韩一区欧美一区a| 欧美日韩在线一区| 亚洲欧美中文字幕在线网站 | 97国产精品视频观看一| 在线观看亚洲人成网站| 99精品视频观看| 多人交换伦交视频| 99久久伊人精品综合观看| 国精产品一品二品国精品69xx | 精品亚洲成a人片在线观看| 午夜影院一区二区|