Torrent Pharmaceuticals & AstraZeneca are coming together to make their selves more known in the markets.
Astra are to purchase 18 products from the Indian common drugs producer to sell them after branding them in 9 countries. There could be other places included in the future as well as more medicines. “The emerging markets are forecast to contribute 70% of pharmaceutical industry growth in the next five years, and branded generics represent approximately 50% by value in these emerging markets” was said by Brian White (Shore Capital).
