Pharmaceutical Business review

Hanmi enters into supply contract with MEIC

Products for licensing include Ten Ten, Dexibuprofen ER & Syrup, Medilac probiotics for children, CeCe multi-vitamins, Prebe multi-vitamins for pregnant women, and Ferromax antianemic agent.

The registration process is expected to be completed by the second half of 2012 and export sales to be worth $15m over three years.

Hanmi official said that the Mongolian pharmaceutical market is experiencing high import growth and preference of Korea Pharmaceutical products are also growing.