Richter Seeks Partnership In 2010

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Hungarian drugmaker Gedeon Richter aims to find a strategic partner during 2010, in order to market or develop medicines as the company adds products to its portfolio. CEO Erik Bogsch told Bloomberg that the company is 'dedicating enormous effort to the issue' and that it had not excluded the possibility of an acquisition in Central and Eastern Europe (CEE), although at present 'there are no companies that could be of interest'. Bogsch indicated that acquiring an entire portfolio was also unlikely at