Biotech expands Sucanon distribution in Latin America

10 June 2007

Canada's Biotech Holdings has signed an agreement for distribution of Sucanon, a type 2 diabetes drug, in four markets in Latin America. The drug is already widely sold in Mexico.

Sucanon is a new herbally-based, non-prescription medication that helps the body improve the use of its own insulin, the hormone that controls blood sugar levels.

The four additional markets - Colombia, Peru, Ecuador and Costa Rica - will be served by a private company based in Bogota, Colombia. This firm, unrelated to Biotech Holdings, focuses on the sale of antibiotic products and has subsidiary operations in several Latin American countries.

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