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December 14, 2010

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Health care JV

RICHTER Gedeon Nyrt, Hungary's largest drug maker, has established a joint venture with its Chinese marketing partner Rxmidas Pharmaceuticals Inc with an eye on the domestic pharmaceutical market.

The venture will focus on female health-care products in the over-the-counter market. The new firm, GRmidas Pharmaceuticals Ltd, opened last Friday in Shanghai.

 

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