Pharmaceutical Executive Europe - October 2008 - (Page 36) How much are you relying on Turkey harmonising its health regulations and standards with EU member states? It is an advantage. If Turkey is a brand, then Turkish companies can grow in the international market. What matters is building a credible Turkish product. That happens only when all Turkish companies produce high-quality products that match European standards. So for us the name Biofarma is not the most important thing. The Turkish market is. Austrian company Pils. Does ownership by financial companies present any hardships? We are not owned by pharmaceutical companies, but investment companies, where many entrepreneurs come together to make a fund and invest in pharma companies. They may not have medical backgrounds but they bring investment acumen to acquire these pharmaceutical companies, grow them in terms of turnover and then in a few years time sell these companies. What is important is that they work with professional managers. the current production systems are enough. But for the oncological products we will need a new facility. In 2008 we started the design and in 2009 construction will begin. Your current exports exceed the national average by only a small margin. How do you compensate for your excess production capacity, something several Turkish companies are also trying to overcome? Every month we produce 65 million boxes and we sell 35 million boxes to the Turkish pharmaceutical sector. The remaining capacity is used for contractmanufacturing for seven local and multinational firms. With your already large product portfolio, your move into high-tech niche therapeutics, and your upgrade in exports, what is your vision for the company in the next five years? When Citigroup acquired us in 2006 we were number 32 on the Turkish market and we are currently number 21. In 2013 we want to be in the top 10, selling 100 million boxes and launching 15 products per year. By the end of 2009 we will be exporting to 27 countries and will be investing on oncology products. For other products You are owned by Citigroup Venture Capital International and the 37 Last words Who said what in pharma’s last four weeks 3 News The monthly round-up of European stories 6 Calendar Upcoming events in Europe and around the world 7 BioFutures Gerhard Symons on the dark side of Russian healthcare
Table of Contents Feed for the Digital Edition of Pharmaceutical Executive Europe - October 2008 Pharmaceutical Executive Europe - October 2008 Contents News and Analysis Calendar BioFutures Strategy Fundamentals Executive Recruitment: Small Company, Big Career Executive Recruitment: Instant Pharma Named Patient Programmes Executive Review: Turkey Pharmaceutical Executive Europe - October 2008 Pharmaceutical Executive Europe - October 2008 - Pharmaceutical Executive Europe - October 2008 (Page 1) Pharmaceutical Executive Europe - October 2008 - Contents (Page 2) Pharmaceutical Executive Europe - October 2008 - News and Analysis (Page 3) Pharmaceutical Executive Europe - October 2008 - News and Analysis (Page 4) Pharmaceutical Executive Europe - October 2008 - News and Analysis (Page 5) Pharmaceutical Executive Europe - October 2008 - Calendar (Page 6) Pharmaceutical Executive Europe - October 2008 - BioFutures (Page 7) Pharmaceutical Executive Europe - October 2008 - BioFutures (Page 8) Pharmaceutical Executive Europe - October 2008 - BioFutures (Page 9) Pharmaceutical Executive Europe - October 2008 - Strategy Fundamentals (Page 10) Pharmaceutical Executive Europe - October 2008 - Strategy Fundamentals (Page 11) Pharmaceutical Executive Europe - October 2008 - Executive Recruitment: Small Company, Big Career (Page 12) Pharmaceutical Executive Europe - October 2008 - Executive Recruitment: Small Company, Big Career (Page 13) Pharmaceutical Executive Europe - October 2008 - Executive Recruitment: Small Company, Big Career (Page 14) Pharmaceutical Executive Europe - October 2008 - Executive Recruitment: Instant Pharma (Page 15) Pharmaceutical Executive Europe - October 2008 - Executive Recruitment: Instant Pharma (Page 16) Pharmaceutical Executive Europe - October 2008 - Executive Recruitment: Instant Pharma (Page 17) Pharmaceutical Executive Europe - October 2008 - Executive Recruitment: Instant Pharma (Page 18) Pharmaceutical Executive Europe - October 2008 - Named Patient Programmes (Page 19) Pharmaceutical Executive Europe - October 2008 - Named Patient Programmes (Page 20) Pharmaceutical Executive Europe - October 2008 - Named Patient Programmes (Page 21) Pharmaceutical Executive Europe - October 2008 - Executive Review: Turkey (Page 22) Pharmaceutical Executive Europe - October 2008 - Executive Review: Turkey (Page 23) Pharmaceutical Executive Europe - October 2008 - Executive Review: Turkey (Page 24) Pharmaceutical Executive Europe - October 2008 - Executive Review: Turkey (Page 25) Pharmaceutical Executive Europe - October 2008 - Executive Review: Turkey (Page 26) Pharmaceutical Executive Europe - October 2008 - Executive Review: Turkey (Page 27) Pharmaceutical Executive Europe - October 2008 - Executive Review: Turkey (Page 28) Pharmaceutical Executive Europe - October 2008 - Executive Review: Turkey (Page 29) Pharmaceutical Executive Europe - October 2008 - Executive Review: Turkey (Page 30) Pharmaceutical Executive Europe - October 2008 - Executive Review: Turkey (Page 31) Pharmaceutical Executive Europe - October 2008 - Executive Review: Turkey (Page 32) Pharmaceutical Executive Europe - October 2008 - Executive Review: Turkey (Page 33) Pharmaceutical Executive Europe - October 2008 - Executive Review: Turkey (Page 34) Pharmaceutical Executive Europe - October 2008 - Executive Review: Turkey (Page 35) Pharmaceutical Executive Europe - October 2008 - Executive Review: Turkey (Page 36) Pharmaceutical Executive Europe - October 2008 - Executive Review: Turkey (Page 37) Pharmaceutical Executive Europe - October 2008 - Executive Review: Turkey (Page EC1) Pharmaceutical Executive Europe - October 2008 - Executive Review: Turkey (Page EC2) Pharmaceutical Executive Europe - October 2008 - Executive Review: Turkey (Page EC3) Pharmaceutical Executive Europe - October 2008 - Executive Review: Turkey (Page EC4) Pharmaceutical Executive Europe - October 2008 - Executive Review: Turkey (Page EC5) Pharmaceutical Executive Europe - October 2008 - Executive Review: Turkey (Page EC6) Pharmaceutical Executive Europe - October 2008 - Executive Review: Turkey (Page EC7) Pharmaceutical Executive Europe - October 2008 - Executive Review: Turkey (Page EC8) Pharmaceutical Executive Europe - October 2008 - Executive Review: Turkey (Page EC9) Pharmaceutical Executive Europe - October 2008 - Executive Review: Turkey (Page EC10) Pharmaceutical Executive Europe - October 2008 - Executive Review: Turkey (Page EC11) Pharmaceutical Executive Europe - October 2008 - Executive Review: Turkey (Page EC12) Pharmaceutical Executive Europe - October 2008 - Executive Review: Turkey (Page EC13) Pharmaceutical Executive Europe - October 2008 - Executive Review: Turkey (Page EC14) Pharmaceutical Executive Europe - October 2008 - Executive Review: Turkey (Page EC15) Pharmaceutical Executive Europe - October 2008 - Executive Review: Turkey (Page EC16)
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