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Industry / Hungary

Richter Enters Commoditised Generics Sector With Astron Collaboration

March 2010 | Industry Trend Analysis

Gedeon Richter has entered a collaboration agreement with Indian firm Astron Research to develop and expand the Hungarian firm's portfolio of generic drugs. Richter claims the deal allows it to continue expanding its product portfolio, while focusing its own development capacities on higher-value products. BMI believes Richter's strategy is sound, given its strong brand portfolio and venture into

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