Hetero Labs arm acquires Spanish firm
Hetero, one of Indias leading generic pharmaceutical companies and the worlds largest producer of antiretroviral drugs, announced on Wednesday that...
Hyderabad: Hetero, one of India’s leading generic pharmaceutical companies and the world’s largest producer of anti-retroviral drugs, announced on Wednesday that its European subsidiary Amarox Limited has acquired Tarbis Farma, a company operating in Spain from Grupo Ferrer Internacional.
Tarbis Farma comes with a robust product portfolio and an extensive marketing network with well-experienced personnel in retail business across Spain. The acquisition enables Hetero with a strong front-end marketing presence giving Amarox the required commercial infrastructure, product portfolio, manpower and a seamless entry into the retail, hospital and Tender business channels in Spain.
A V Narasa Reddy, ED, Hetero Labs Limited, stated that this acquisition fits very well with Hetero’s growth strategy in EU giving Amarox a platform to reach out to the customers in a robust way with the present portfolio and Hetero’s pipeline