The Ministry of Finance intends to tender drug distribution services for the entire country's hospital network in order to reduce losses from expired medicines.
In response to the loss of approximately $27.2 million due to the expiration of medicines, a proposal has been put forward to the Medicinal Trust Committee to hire a company, domestic or foreign, which specializes in the distribution of medicines.
The Superintendency of Competition in El Salvador has pointed out that the businesses MOLSA and HARISA are still forging agreements on sharing the market, having been previously sanctioned for the practice.
Six years after being punished for engaging in anticompetitive practices, the companies MOLSA and HARISA are again under scrutiny by the competition regulator, whose head submitted documents "...
Puma Energy Service stations and distributors of Castrol in the isthmus will market the lubricants Castrol GTX, Castrol Magnatec and Castrol EDGE.
A statement from Puma-Energy reads:
CASTROL AND PUMA ENERGY JOIN FORCES IN CENTRAL AND SOUTH AMERICA
February 5, 2013 - Puma Energy LLC ("Puma Energy"), one of the largest independent oil companies in processing, marketing and distributing fuels and Castrol the leading lubricants company in the world, announced the creation of a strategic alliance to commercialize Castrol automotive lubricants in the Central and South America market.
The distilled spirits producer, Varela Hermanos, SA, signed a distribution agreement to expand into the US market.
The agreement announced during the Wine and Spirits Wholesalers of America convention, held in Orlando, Florida, was signed between the Panamanian subsidiary of the company in Miami, Varela Imports, Inc. and Van Gogh Imports.
The Pa-digital.com.pa website printed comments from the executive vice president of Varela Hermanos, Luis J. Varela Jr.: "The US market offers vast growth potential and our alliance with Van Gogh Imports will allow us to expand Ron Abuelo distribution in this important market. We can also continue with our plan for growth abroad."
Florida Ice & Farm, Tilapia del Sol, Fideos Precocidos de CR, Solarium and Cadexco signed agreements for trade and cooperation.
The negotiations were completed at an encounter of business men from both countries on Monday, within the framework of the official visit of the President of People's Republic of China, Hu Jintao. They also emphasized that the free trade agreement with China should be completed quickly.
INTCOMEX announced that launch of distribution of Dell computers for Central America and the Caribbean.
"This is a great transition and reorganization by Dell in order to consolidate its market share in Latin American, and we believe that this is a great opportunity for INTCOMEX to use our infrastructure and knowledge of the market," said Yosi Kroitoro, vice-president of Business Development at INTCOMEX.
Merck KGaA has acquired the rights to market more than 30 medicines from Bristol-Myers Squibb in Panama and other Latin American countries.
The German pharmaceutical firm will sell medicines from the American company Bristol-Myers Squibb here to strengthen its position in the region.
The company has signed a distribution agreement with Bristol-Myers Squibb for a portfolio of brand name drugs.