Further acquisition for Nycomed, which buys Colombian company Farmacol
Fast growing independent Swiss drugmaker Nycomed says that it is expanding its presence in Latin America through the purchase of Laboratorios Farmacol SA, a Colombia based, family-owned pharmaceutical company, which has a strong presence in the areas of gastroenterology, respiratory and gynecology. The company declined The Pharma Letter’s request to reveal financial terms of the deal, but said it is subject to regulatory approval but is expected to close in the second quarter of this year.
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