Bayer predicts double-digit growth in Asia-Pacific region
Bayer Schering Pharma, a business unit of Germany's Bayer AG, is predicting double-digit sales growth in the Asia-Pacific region in the next few years. Chris Lee, head of the firm in the territory, said: "Asia-Pacific was the fastest growing region last year at over 26%." Mr Lee forecast that China, the company's key local market, would continue to drive revenue expansion.
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