Spain's PharmaMar opens new business in Austria

25 October 2016
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Spanish drugmaker PharmaMar (PHM: MC) has announced the opening of a new affiliate in Austria with the aim of reinforcing the presence of the company within Europe, one of the world's leading oncology markets.

Luis Mora, managing director at PharmaMar´s Oncology business unit, explains: “The opening of this affiliate is part of our growth strategy in certain European countries; this allows us to offer a better attention to our customers through our own teams. From Austria we can operate directly in Eastern European countries such as Poland and the Czech Republic."

PharmaMar’s lead anti-cancer drug is Yondelis (trabectedin) for soft tissue sarcoma, and Aplidin (plitidepsin) in multiple myeloma is still under Phase III development.

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