Venezuela

Nationalisation of a pharmaceutical company's mothballed production facility in Venezuela will have significant ramifications. Local manufacture of certain medicines will increase,... 2009-05-29

Venezuelan President Hugo Chávez inaugurated a drug production centre in Caracas in early May 2009. He also approved a US$40mn budget for 2009 and US$43mn budget for 2010 for the... 2009-05-08

In the face of disappointing financial results, India's Strides Arcolab has agreed to the sale of its Latin America joint venture, Strides Latina, to its partner, South Africa's Aspen... 2008-09-18

In a move that demonstrates contrasting views of the importance of a local presence in emerging markets to innovative pharmaceutical companies, US-based Bristol-Myers Squibb (BMS)... 2008-06-11

India's Strides Arcolab and South Africa's Aspen Pharmacare have completed their tie-up, which gives Aspen a 50% stake in Strides' Latin American operations. Aspen injected US$152.5mn... 2008-03-07

India's Strides Arcolab and South Africa's Aspen Pharmacare have completed their tie-up, which gives Aspen a 50% stake in Strides' Latin American operations. Aspen injected US$152.5mn... 2008-03-07

As part of its strategy to invest in high-growth markets, privately-owned Swiss firm Nycomed has established a sales and marketing presence in Venezuela. The company plans to start... 2008-02-11