ISRAEL

Article Abstract:

The French Trade Commission in Tel Aviv carried out a 35 survey of the pharmaceutical market in Israel. In 1997, this pharmaceutical market made a turnover of US$ 710mn, from 40 manufacturers while medication imports came to US$ 353mn. The French companies, which are not very present on the market, enjoy a good image in the medical domain, particularly for vaccines. Since the medical system was reorganised in 1995, the Israelis can change their medical insurance fund two times a year. This situation leads to competition between service providers, who seek to increase the number of their subscribers and the government subsidies.

Comment:

Israel: Pharmaceutical market made a turnover of $710 mil, from 40 manufacturers while medication imports came to $353 mil

Israel, Sales, profits & dividends, Article

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SPAIN: REVIEW OF SERVIER'S SUBSIDIARY

Article Abstract:

The Spanish subsidiary of Servier, the French pharmaceutical laboratory, expects to make a turnover of Pta 7.5bn in 2000-2001, compared with Pta 6.5bn at present. Servier Espana is posts 15% growth per year, and expects to launch one new medication per year. It is allocating 13% of its turnover to research and development, compared with 25% in the group. Servier Espana's chemical production operations represents Pta 2bn, for a volume of 220 tonnes; all of this is exported.

Foreign operations, Spain, Drugs

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WORLD: MICHEL GRECO AT FIIM

Article Abstract:

Michel Greco has been named head of biology committee of FIIM (International Federation of the Medication Industry). This federation represents over 55 national associations of the pharmaceutical industry. Mr Greco is the managing director of Pasteur Merieux Connaught.

World, Executive changes & profiles

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