Recordati buys Farma-Projekt in Poland
This article was originally published in Scrip
Executive Summary
The Italian pharmaceutical company Recordati has agreed to pay PLN 71 million ($21 million) to acquire Farma-Projekt, a Polish firm that sells cardiovascular and urological products (also key areas for Recordati) and dietary supplements. It employs around 135 people, with 84 in sales and marketing, and had sales in 2011 of about PLN 47 million.