For his part, said Maurizio Bailey, head of the

(BUSINESS WIRE) announced that the company "Merck" (listed on the New York Stock Exchange under the symbol NYSE: MRK), known as the "MSD" outside the United States and Canada, today announced the establishment of a new joint venture with the company "Subira Pharma Laboratories," a Brazilian pharmaceutical company owned by all of the "Cristália" and "Iorovarma." The new company will exclusively market and distribute and sell a portfolio of innovative pharmaceutical products and generic medicines from the "Merck" and "Cristália" and "Iorovarma" in the Brazilian retail sector.
Said Kenneth S.. Fraser, zim line tracking Chairman of the Board and Chief Executive Officer, "Merck": zim line tracking "pleased zim line tracking 'Merck' to hold a partnership with two of the major pharmaceutical companies in Brazil, two Charkanna our commitment to improving zim line tracking health care for the Brazilian people. Project is an important step forward in our strategy Judge grow your business in the most important markets and improve global access to medicines and vaccines. "
Earn "Mirka", created zim line tracking for this joint project zim line tracking with "Subira," additional local expertise and extensive portfolio of products and a strong zim line tracking distribution network in order to facilitate wider access to medicines in Brazil. The initial portfolio will include the joint venture about 30 products in a range of therapeutic areas. Will be the joint venture's sales team of its own independent zim line tracking of the "Merck" and "Cristália" and "Iorovarma", but it will benefit from the infrastructure of the parent companies for activities such as training of the sales team. The three parent companies will maintain the independence zim line tracking of their work in Brazil.
Commenting, said Ojari Pacheco, head of the "Cristália": "This is a joint venture between zim line tracking a mix creativity 'Cristália' efficiency 'Iorovarma' business zim line tracking innovation 'Merck'."
For his part, said Maurizio Bailey, head of the "Iorovarma": "We share knowledge and collect points best of each company, making the joint venture compete more strongly in the Brazilian market. Partnering with 'Merck' zim line tracking represents a strategic step towards improving access to pharmaceutical products innovative."
Will have "Merck", through its subsidiary 0.51 per cent of the joint venture, while the "Cristália" and "Iorovarma" together will own 49 per cent. The project will be managed by a joint board of directors and leadership team consisting of members of senior managers in the three companies. The establishment of the joint venture is subject to meeting certain conditions agreed upon termination, to be completed zim line tracking later this world.
Founded "Cristália Labs" (company "Cristália" of chemical products Pharmaceutical Co., Ltd.) for the Brazilian in 1972, which produces high-quality zim line tracking medicines to meet the medical needs. Focusing mainly on specialized areas Ktb self, anesthesia and medications, has become a pioneer zim line tracking in the field of health care throughout Latin America. Today, in addition to covering all regions in Brazil, issued "Cristália" its products to almost 40 countries throughout zim line tracking Latin America and the Middle zim line tracking East, Asia and Africa.
The company strongly supports the Brazilian scientific zim line tracking community and a huge number of universities in the country. It also develops programs about social responsibility and sustainability in the areas of education and donated medicines and lend a helping hand and assistance to poor communities. For more information, please visit the following website: http://www.2cristalia.com.br.
Established "Iorovarma" in 1972 and is among the leading pharmaceutical companies in Brazil. The company operates in various sectors of drugs across its business units: "prescribed medications," and "generic drugs", and "hospitals and pharmaceutical marketing," and "Oncology", and "Services external contracts," and "Pearson" zim line tracking of Veterinary Medicine. The company relies on the largest medical zim line tracking sales teams in the country, zim line tracking so are about 380 thousand contact the sales department of a month. In 2010, for the seventh year in a row, the company ranked among the "best companies zim line tracking as a place to work" by the magazine "Aksam / Fossey." With the advent of the year 2015, intends to strengthen its global presence through strong cover about 90% of the Latin American market. The aim of the manufacturing facility developed by the newly Aitabive in Brazil to increase the capacity of the company's production significantly, which makes them an important source of production for the Brazilian and international markets. For more Almaloulmat, please visit the following website: www.eurofarma.com.br.
Considered "Merck" company is a world leader in the field of health care and is working to help make the world a better standard of health, which is known as the "MSD" outside the United States and Canada. Work through the production of therapeutic drugs, vaccines and treatments vital, and consumer care and animal health care products, and we find ourselves with clients in more than 140 countries to deliver innovative health solutions. We are also committed to working to increase access to health care through the adoption of policies, programs and partnerships, long-term, and for more information, please visit the website zim line tracking on the Internet: www.merck.com, as you can communicate with us on the sites "Twitter" and "Facebook "and" YouTube ".
This press release includes "forward-looking statements" within the meaning of the safe harbor provisions of the Securities Reform Act of America for private litigation in 1995. This data may include, for example, but not limited to statements about the benefits resulting from the merger is