Radar > 228527

Biolab opens research and development center in Canada

Biolab abre centro de pesquisa e densenvolvimento no Canadá

Intel ID : 228527
Synopsis

Biolab, a manufacturer of drugs specialized in cardiology, gynecology, rheumatology, orthopedics, internal medicine, pediatrics, endocrinology, geriatrics and dermatology, and headquartered in São Paulo, opened a research and development center in Canada, as published by Valor Econômico on 21 August 2015, citing one of the company's partners Cleiton de Castro Marques.

The new center was established in Ontario and will have 1,000 m2, and it will be Biolab's first in Canada. It should be operational in six months.

According to Castro Marques, " we have known for some time that we needed to expand. Brazil Government lacks innovation focused policy." And he added, "We will meet a our need to strengthen our portfolios to United States, Canadian and European authorities."
(content in portuguese)

A Biolab, fabricante de medicamentos das especialidades de cardiologia, ginecologia, reumatologia, ortopedia, clínica médica, pediatria, endocrinologia, geriatria e dermatologia, e com sede em São Paulo, acabar de instalar um centro de pesquisa e desenvolvimento no Canadá, segundo publicou o Valor Econômico em 21 de agosto de 2015, citando à um dos sócios da empresa, Cleiton de Castro Marques.

O novo centro, criada na província de Ontário, que ocupará uma áreas de 1.000m2, será o primeiro da indústria farmacêutica brasileira naquele país. Ele deverá entrar em operações em seis meses.

De acordo com o Executivo, "Já há algum tempo sabemos que há necessidade de sair do país. Por aqui, falta uma política de governo voltada à inovação". E ele ainda acrescenta, "Vamos atender a uma necessidade nossa de ter dossiês robustos para atender as autoridades dos Estados Unidos, Canadá e Europa".

Target

Biolab
Brazil

Intel ID 228527
Value ND
Native Currency Brazilian Real (BRL)
Exchange Rate:
Financial Data - Biolab
(31 Dec 2018)
Revenue: EUR 262,14m
EBITDA: EUR 47,18m
Exchange Rate:
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Country
Region
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Geography
Subsector (Old TTR Sectors)
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Intel Grade
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Target

Name
verified
Subsector (Old TTR Sectors)
Industry / Pharmaceutical, Parapharmaceutical and Cosmetics (Primary)
Primary Sector (TTRSC)
30.01.03 Pharmaceutical R&D, Manufacturing & Distribution
30 Healthcare / 30.01 Biotechnology & Pharmaceuticals

Secondary Sectors (TTRSC)
30.01.01 Biopharmaceuticals
30 Healthcare / 30.01 Biotechnology & Pharmaceuticals

30.01.04 Specialty Pharmaceuticals
30 Healthcare / 30.01 Biotechnology & Pharmaceuticals

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Date Title Type Intel Grade Country Subsector  

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verified Verified: Confirmed as a party to an active or possible transaction.

potential Potential: Unconfirmed as a party to an active or possible transaction.

retained Retained: Confirmed as “Retained” with a general or specific mandate.

prospect Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.

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