Ambitious STADA continues steady path to global growth
A new partnership in China will see German generics drugmaker STADA Arzneimittel (SAZ: Xetra) expand and bolster its distribution and promotion of cough and cold brands in the country.
The Bad Vilbel-based company has agreed terms for a collaboration with locally-listed pharmaceuticals firm CR Sanjiu.
Following a formal signing ceremony held in Shenzhen, CR Sanjiu has taken on responsibility for the hospital, pharmacy and e-commerce channel distribution and promotion of STADA's products in this area.
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