Industry / Argentina
State-Owned Factories Win Government Contract
August 2008 | Company News AlertArgentina's Ministry of Health has granted a major contract to state medicine producers in a bid to support local pharmaceutical production. A contract worth ARS37mn (US$12.2mn) has been granted to 10 state-owned factories for the production of six drugs, including several antibiotics, the diuretic hydrochlorothiazine and the analgaesic aspirin. The government claims that state-production will reduce the cost of the medicines by an average of
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