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Eddingpharm and FAES FARMA to Set Up a Joint Venture in China

Jun. 8, 2015

June 8, 2015: FAES FARMA and EDDINGPHARM have announced the signing of an agreement to create an equal joint venture for the commercialization of the products of FAES FARMA in the Chinese market.

The project starts with four of the company's products which shall compete in a market valued at 500 million Euros in their market segments. The products shall be manufactured in FAES FARMA plants and exported to China as finished products. Progressively, other FAES products will be incorporated.