DENMARK: RETAILERS WILL COMPETE WITH PHARMACIES

Article Abstract:

Danish retailers FDB, Dansk Supermarked and Matas believe that they will conquer half of the market for pharmaceuticals when the market is privatised on October 1. FDB estimates its sales to total DKr400 mn (US$45 mn) while Matas expects sales to total DKr100-200 mn. Dansk Supermarked has not revealed any estimations yet. Chairman Paul Bundgaard in Danmarks Apotekerforening (Danish Pharmaceutical Organisation) does not fear a drop in pharmacies sales after October 1. Bundgaard criticizes the retailers aims. Pharmaceuticals are not to be compared with ordinary food products and the aim should not be to maximize sales, says Bundgaard, who believes that this could increase consumption.

Food Stores, Food and Beverage Stores, Forecasts, trends, outlooks, Organizational history, Dansk Supermarked A/S

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DENMARK:NOVO READY TO SELL DRUGS AT COST PRICE

Article Abstract:

Novo Nordisk, the Danish pharmaceutical company's information manager Mike Rulis says the company is not prepared to have its patent rights undermined at the expense of selling medicines at cost price to developing countries. Novo, along with 40 other international pharmaceutical concerns, has been criticized for having asked the Supreme Court of South Africa to take measures against the production of cheap copies of patented medicines in the country among other things for the many hiv-infected persons in the country.

Strategy & planning, Research and Development in the Physical, Engineering, and Life Sciences, Research and Testing Services, Patents & copyrights, Arthritis, Diabetes, Digestive R&D, Medical research

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Denmark: Dako to sell its US research unit

Article Abstract:

Dako, the Danish biotechnology company, is to sell its US R&D unit Boston Probes. The buyer is Applied Biosystems and the sales price is DKr300mn (US$36mn). Dako produces antibodies for diagnosing diseases and it is owned by the Harboe family and Novo Nordisk.

Asset sales & divestitures, Applied Biosystems, Dako A/S

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