PharmAsia News Business Bulletin
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Latest EU business news: HRA Pharma strikes distribution deal with Vemedia for Spain; and Enzymatica increases ColdZyme production to meet growing demand.
With operations in the MENA region already tracking to $700m in revenues for 2020, Hikma is looking to grow the business further after beginning negotiations with GSK to buy certain of the originator’s businesses in Egypt and Tunisia.
Royal Philips closed out the first year of COVID-19 with 7% revenue growth in the fourth quarter. CEO Frans van Houten says low single digit growth is the target for fiscal 2021.