Vien Dong Pharmaceutical JSC has comprehensively cooperated with SaviPharm
12/03/2010 - 09:51 AM
On March 9th 2010, Vien Dong Pharmaceutical JSC has signed the agreement of comprehensive cooperation with Savi Pharmaceutical JSC (SaviPharm)
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In that way, Vien Dong Pharmaceutical JSC and
SaviPharm agree and unify the content of comprehensive cooperation for the
strategies such as: Comprehensive cooperation in the field of production,
production management, scientific research, Research and Development, research
on high-technological pharmacy products and other researching; cooperation in
searching and technological transfer of unique products; exchange experiences in
license transfer and foreign technological transfer, experience in processing
professionalization.
In addition, Vien Dong and SaviPharm make a
commitment to improve the business strategy, contribute to determination of the
position of SaviPharm Company, of main products, setting up the key position of
strength, etc., build up the route, experience exchange, etc. for SaviPharm to
publicize the company and successfully list the stocks on Ho Chi Minh City Stock
Exchange before 2013. Besides, Vien Dong shall support Savi with developing the
sales system and distribution channel, system of representative offices/branches
in cities and provinces; enhancing production of processing in the factory of
Party B with the minimum contract value in 2010 by 100 billions, and in next two
years (2011 – 2012) is 200 billions.
Savi Pharm shall transfer Vien Dong 261.329 shares,
equivalent to 20,74% of chartered capital and together with Vien Dong to
determine to effectuate the target to bring Savipharm into the list of top of 5
leading pharmaceutical companies in Vietnam before 2015 and many other
commitments that bring benefits for the both parties.