Market intelligence, trend analysis and forecasts for the Pharma and Healthcare industries across the regions

Companies / Turkey

Eczacibasi Considers Divestment

December 2006 | Company Finance Alert

Turkish industrial group Eczacibasi is reported to be considering divesting a 50% stake in its generic drug unit. According to industry sources, the whole division is valued at around US$650mn. In 2005, generic drug sales contributed around US$250mn to Eczacibasi Pharmaceuticals total revenues of US$811mn.

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