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Atty. Alexander
Llanes Acain, Jr at the legendary Taj Mahal in Agra, India in the
occasion of his visit to India. |
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December 7, 2005
GTALAW Managing Partner
Alexander Llanes Acain, Jr. recently
visited Mumbai, India to assist in
finalizing the Joint Venture Agreement among an Indian
Pharmaceutical Manufacturing Company, a Swiss Pharmaceutical Company
and a Philippine Pharmaceutical Company to distribute branded
Medicines in the Philippine market. "The Joint Venture agreement
aims to lower down the high cost of medicines in the Philippine
market by offering an affordable and high quality medicines to the
Filipino people, this according to Mr. Shashikant A. Patel, Chairman
and Managing Director of
Plethico
Pharmaceuticals Limited. The Philippine market is
dominated by existing multi-national pharmaceutical companies which
are currently selling medicines at a very high cost.
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