17 April 2014, Thursday
Today's Zaman

Ali Toker appointed general manager of Actavis

5 March 2012, Monday /TODAY'S ZAMAN
The former general manager of generic drug manufacturer Sandoz, Ali Toker, was appointed the new country general manager of leading international generic drug company Actavis at the beginning of March.

Toker expressed pleasure over his new position in a press release and said: “The Turkish pharmaceutical market is going through a transformation in accordance with the world market. Rising demand at a time of global economic slowdown leads to sudden changes in prices and profits, and those who keep pace and make accurate predictions continue to exist in this market.” He added: “At this time, Actavis is strengthening its position in the market as well as in new areas as a result of investment in research and development. Turkey is one of the countries in which Actavis plans to invest to grow its market. Recent regulations in the drug industry in Turkey have increased the need for reliable companies that can cooperate with the government.”

Toker noted Actavis aims to continue organic growth in the country and at the same time strengthen its position. “We will be making investments in domestic production facilities and are interested in purchases in the future. In addition, we will be working to offer higher quality drugs at economical prices for the Turkish people,” he said.

BUSINESS  Other Titles
Galatasaray to pay $35 mln in tax penalty
Twitter: No current deal to open office in Turkey
Ankara says Russia's South Stream pipeline could run to Turkey
Turkish central bank meeting eyed for signs of political meddling
Turkish cement firms eye assets after Holcim-Lafarge merger
CHP raises issue of irregularity in loans for Sabah-ATV sale
TUSKON key in trade with Turkey, top Russian group says
Number of job seekers hits 10-year high
Gül attends event of group labeled ‘traitors' by Erdoğan
'Banning social media disaster for any government's global image'
Pakistan publishes list to embarrass tax cheats into paying up
Turkish schools help to enhance trade relations with Africa
Unemployment rate sees decrease year-on-year in Jan
Pegasus Airlines to start flights to Bahrain
Installment payments down 16 pct since credit card regulation implemented
Euro zone's trade surplus widens on rising exports in February
Doğan Holding merges with publishing group
Turkey's Koç: We will concentrate our energy on investments
EU lawmakers complete financial system overhaul
Egypt limits air conditioning in mosques as power shortages worsen