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Companies / Turkey

Sandoz Re-enters Turkish Market

March 2006 | Company Finance Alert

Generics maker Sandoz, a division of Swiss drugmaker Novartis, has re-entered the Turkish market after an absence of more than a decade. When Novartis acquired German generics firm Hexal, the Ilsan Hexal division in Turkey joined the Sandoz stable. Sandoz-Turkey will operate in three factories in Gebze, Pendik and Tuzla under the name Sandoz Ilac.

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