Industry / Philippines
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Winthrop Enters Another High Growth Market
November 2007 | Company News AlertSorry, you must be a subscriber to view this article in full. If you are a subscriber please login.
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As part of its strategy to penetrate high growth markets, French firm Sanofi-Aventis' generics subsidiary - Winthrop Pharmaceuticals - has opened a branch in Cebu Province, the Philippines. BMI completely endorses this approach, especially considering that the country is poised to pass the Cheaper Medicine Bill and has just approved a massive increase in the healthcare budget for 2008.