Poland To Sell Last Two Polfa Drugmakers

16 November 1998

Early next year, Poland is planning to sell Polfa Tarchomin SA and PolfaStarogard Gdanski SA, the last two state-owned pharmaceutical manufacturers out of the 14-strong Polfa chain. The government wants to sell a majority of each of the companies to strategic investors, reports the Polish daily Rzeczpospolita.

Demand for pharmaceuticals in Poland is set to grow 10%-15% annually, according to the Polish Pharmaceutical Chamber.

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