Guatemala’s “Grupo Pharma” to Invest in Mexico

The pharmaceutical consortium will install a $25 million lab in the Mexican state of Chiapas.

Friday, May 14, 2010

The facility is expected to employ 180 workers in its first year of operation, growing to 300 over the next four years.

“Some 300 generic medicines will be elaborated in Grupo Pharma’s laboratory in Chiapas. The company also plans to open 400 drug stores in the southern states of Mexico”, reported Terra.com.



More on this topic

$8 million Investment in Announced Pharmaceutical Company

June 2016

Laboratorios Paill plans to invest in purchasing equipment and machinery and the expansion of its pharmaceutical production plant in El Salvador.

With the expansion of the plant's warehouse area, Laboratorios Paill plans to "... increase current capacity by 60%."  The increase in production capacity goes hand in hand with the aim of the company to increase its sales abroad, particularly in new markets such as the United States, Mexico, Costa Rica and some South American countries, for which already it has started the respective procedures.

Counterfeit Medicine

July 2010

The trade in counterfeit drugs circulating in Nicaragua has become a serious public health issue.

Nicaragua has developed into a major marketplace for counterfeit medicine manufactured without any quality controls. Its epicenter is in the capital's so-called "Eastern Market" where many popular drugs can be purchased.

Salvadoran Laboratory explores the generic market

February 2009

Ancalmo Laboratories have launched two new generic medications on the market, with prices of around 30% to 40% less than the brand names.

LA PRENSA GRAFICA.com reports that "Ancalmo says that one of the reason why they decided to enter this sector is because it is "a good opportunity" due to the imminent approval of the Law of Generic Medication and Access to to medication.

"Dr. Simi" goes for the Guatemalan market.

August 2008

Four years after forming an alliance to take the Similares Pharmacies to Guatemala, Rigoberta Menchú Tum and Mexican, Victor Gonzalez Torres have separated.

This business story started on a spring night in Mexico. Customers were enjoying a seafood platter covered with red wine in the French restaurant at the luxurious Intercontinental Presidential Hotel.

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