Pink Sheet is part of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC’s registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call +44 (0) 20 3377 3183

Printed By


Glaxo Wellcome acquisition of Polfa Polzan creates largest Rx company in Poland.

Executive Summary

GLAXO TO EXPAND EASTERN/CENTRAL EUROPE PRESENCE VIA ACQUISITION OF POLISH DRUG FIRM Polfa Poznan SA. Glaxo Wellcome announced Jan. 28 an agreement to acquire 80% of Poland's second largest pharmaceutical company from the Polish Ministry of State Treasury. The combination of Polfa Poznan with the existing Glaxo Wellcome Poland will make Glaxo Wellcome Poznan the largest pharmaceutical company in Poland, with a 7.5% market share. The deal allows Glaxo "to expand its base throughout Eastern and Central Europe and other emerging markets," the company said, noting a "strong commitment to its regionalization strategy and the importance of emerging markets to the company's future development."

You may also be interested in...

EMEA/Eastern Block To Form Drug Regulation Action Plan In February

EU regulators and their counterparts from Central and Eastern European countries will meet in Budapest in early February to form an action plan for the European Commission's Pan-European Regulatory Forum (PERF) for pharmaceuticals.

Part D Discount Liability Coming Into Focus: CMS Releases Drug Cost Data

Newly released Medicare Part D data sheds light on the sales hit that branded pharmaceutical manufacturers will face when the coverage gap discount program gets under way in 2011




Ask The Analyst

Ask the Analyst is free for subscribers.  Submit your question and one of our analysts will be in touch.

Your question has been successfully sent to the email address below and we will get back as soon as possible. my@email.address.

All fields are required.

Please make sure all fields are completed.

Please make sure you have filled out all fields

Please make sure you have filled out all fields

Please enter a valid e-mail address

Please enter a valid Phone Number

Ask your question to our analysts