Labormed Posts 61% Higher Sales, 84% Lower Loss In 2013, 1st Year Under Alvogen’s Control

06.11.2014 By Ecaterina Craciun

Sales of Romanian generic drug producer Labormed Pharma surged nearly 61% to 141.8 million lei (EUR32 million) and its loss narrowed by 84% to RON18 million in 2013, the first year under the ownership of U.S. group Alvogen.

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