PHARMACEUTICALS
Merck plans Myanmar bid via Thailand
- Published: 21 Jan 2013 at 00.00
- Newspaper section: Business
Merck KGaA, the German pharmaceutical and chemical maker, plans to enter Myanmar using Thailand as the base.
Karl-Ludwig Kley, chairman of Merck's executive board, said the company will use its Thai organisation to help develop the business in Myanmar, where it has no presence for the time being.
"I believe Myanmar has strong potential for our business if the country continues with its reforms, and that's an opportunity we think we can take best advantage of from Thailand," he said during a visit to Bangkok last week.
This article is older than 60 days, which we reserve for our premium members only.You can subscribe to our premium member subscription, here.
