Boehringer Ingelheim de Mexico, a subsidiary of the German Boehringer Ingelheim group, in its private drive to benefit Mexican patients who are hard-pressed to pay steadily rising prices for medicines, is expanding a special line of discount medicines at affordable prices, the Marketletter's local correspondent reports.
Labelled the Linea Herman (Humane Line) and introduced in August with 10 major drugs, including antibiotics, antihypertensives and analgesics, this is to be expanded. The basic list is priced at least 30% lower than leading competitors.
BI still expects to make a profit with the lower-priced line, according to Manfried Stutz, president of the Mexican operation. Plant expansion at Xochimilco will double output and there are plans for early exports to the USA and Canadian markets.
This article is accessible to registered users, to continue reading please register for free. A free trial will give you access to exclusive features, interviews, round-ups and commentary from the sharpest minds in the pharmaceutical and biotechnology space for a week. If you are already a registered user please login. If your trial has come to an end, you can subscribe here.
Login to your accountTry before you buy
7 day trial access
Become a subscriber
Or £77 per month
The Pharma Letter is an extremely useful and valuable Life Sciences service that brings together a daily update on performance people and products. It’s part of the key information for keeping me informed
Chairman, Sanofi Aventis UK
Sign up to receive email updates
Join industry leaders for a daily roundup of biotech & pharma news
Copyright © The Pharma Letter 2024 | Headless Content Management with Blaze