Astellas enters Indian market
Japanese drugmaker Astellas has started selling products in India through a new distribution subsidiary, Astellas PharmaIndia. The venture will market the company's leading drugs in a country that it says has seen Gross Domestic Product improve at an annual rate of 10% in recent years. It is estimated that the infectious disease drug sector in India is worth about $6.2 billion. Astellas added that it aims to increase sales in the Asia region 25% by 2011.
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