Japanese Drug Store Chain AIN Pharmaciez Strengthens Generics Wholesale Business
This article was originally published in PharmAsia News
Estimating a gradual increase in generics usage, Sappro-based drug store chain AIN Pharmaciez has taken steps to strengthen its generic drugs wholesale business. AIN plans to supply more outlets through Wholesale Stars, a wholly owned subsidiary established in 2006 focusing on generics wholesale. The company plans on increasing outlets from 600 or so locations to 800, and hopes to increase generics sales to ¥2.5 billion in 2008, a 70 percent increase compared to the previous year. Traditionally, a supplier to middle and small dispensing pharmacies, AIN started to supply major area hospitals such as Hirosaki University Hospitals since last year. (Click here for more - Japanese language
You may also be interested in...
Takeda launches blockbuster gastrointestinal drug vedolizumab in India, stepping up the tempo on the back of the local base provided by its acquisition of Shire. More expansion in the country appears to be in store for the Japanese firm.
The US FDA’s Circulatory System Devices advisory panel will meet on 27 October to discuss the review of the premarket approval application of Neovasc’s Reducer device, which is intended to treat angina. See what Neovasc’s CEO Fred Colen said about it here.
Join us for a quick audio roundup of five useful things to know from Scrip's recent coverage of the global biopharmaceutical industry.