Peruvian pharmaceutical companies look for foreign partners.

From: South American Business Information | Date: September 12, 2003 | Copyright information

Peru, Sep 12, 2003 (Gestion/SABI via COMTEX)

The director of the Farmindustria company, Mr. David Chlimper, says that Peruvian pharmaceutical companies have shown a tendency towards creating strategic alliances with similar companies in Latin America in the last six months. The motivation for this is that there are companies which do not have a complete line of products, and seek to find a company whose line complements theirs, especially when competing for public service contracts. Mr. Chlimper notes that Peruvian pharmaceutical companies have seen their margins drop ...

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