Fresenius to Indonesia

August 21, 2013

Fresenius Kabi has announced the creation of a new joint venture with Soho Global Health, to focus on intravenous generic drugs and infusion solutions in Indonesia. The move will see Fresenius Kabi acquire a 51% of Soho’s PT Ethica Industri Farmasi (EIP) subsidiary. Founded in 1946, EIP was the first manufacturer of injectable drugs in Indonesia, with a production plant in Jakarta and a product portfolio which generated sales of more than €40 million last year. “Demand for health care in Indonesia has been growing steadily and is expected to accelerate in the coming years due to the implementation of a universal health care program,” the company said. According to Fresenius Kabi, Indonesia’s pharmaceutical market is expected to double to €7.1 billion by 2018.

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Pharmacy Daily | Fresenius to Indonesia

Fresenius to Indonesia

Other recent headlines

RACGP slams SA move

PSA’s new vaping criteria

IPA makes room for charity

SEARCH PHARMACY DAILY

Featured video

Recent issues

INDUSTRY JOB VACANCIES