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German generic drugs producer Stada Arzneimittel AG has completed
its purchase of Russian drugmaker Nizpharm, following discussions originally
begun in August 2004 and concluded last month.
Europe's Committee for Medicinal Products for Human Use has released
a positive statement on two products developed by Swiss drugmakers Novartis
and Roche.
South African pharmacists' groups have criticised pledges by Health
Minister Manto Tshabalala-Msimang to resolve conflict over new drug pricing
laws, claiming no efforts have been made by the government to resolve the dispute.
Local reports suggest that the country's OTC market drug regulators
have fined a Brazilian unit of French drug major sanofi-aventis for allegedly
"abusive" pricing on five quantities of one of its products. The order,
issued by CMED, relates to an analgesic marketed locally as Dôrico Flash.
According to official statistics, Hungary's exports of pharmaceuticals
and medical products were 54% higher year-on-year during the first 10 months
of 2004, at some US$895mn.
Swiss drugmaker Novartis and German pharmaceuticals producer Schering
AG have announced details of a marketing partnership for their jointly developed
anti-tumour compound PTK/ZK.