In Brief: Belmac
This article was originally published in The Tan Sheet
Executive Summary
Belmac: Enters cooperative agreement with Portuguese pharmaceutical firm Technimede. The companies have agreed to seek co-marketing arrangements and exchange information to "foster and promise" their respective interests in Portugal and Spain. The agreement is expected to facilitate entrance into a new market in Portugal for Laboratorios Belmac and provide Belmac with new product opportunities in Spain. The deal represents the initial stage of what is intended to be a more expansive joint venture with Technimede, Belmac said..