Markets :: Fine Chemicals/Biotech :: Pharmaceutical ingredients
Saltigo Aims to Expand in Japan
10:50 AM MDT | April 28, 2008 | Deepti Ramesh
Saltigo (Langenfeld, Germany), a wholly owned subsidiary of Lanxess, says it plans to become the leading western supplier of active pharmaceutical ingredients (API) in Japan. Opportunities for expansion in the $73-billion Japanese pharmaceutical market make it attractive, Saltigo says. Japan is the second-largest pharma market, following the U.S. A revision of the Japanese pharma laws in 2005 has given national pharma companies more ways to outsource API manufacturing to third parties, Saltigo says. Japanese pharma companies have reorganized their businesses...
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