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Mylan Subsidiary Starts Operations in India

August 9, 2012

Pennsylvania-based Mylan Inc. said a subsidiary has launched commercial operations in India, beginning with HIV/AIDS drugs. After initially offering 18 antiretrovirals, Mylan Pharmaceuticals Private Ltd. plans to add therapeutic categories and enlarge its sales force. Mylan already is active in the nation, having acquired a majority stake in Matrix Laboratories of India in 2007 and bought the remainder of the company in 2009. India is home to the world's third-largest population of HIV/AIDS patients, according to the National AIDS Control Organization.

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Excerpted from:
Associated Press
08.06.2012




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