Tuesday, October 30, 2007

CEE generic producers offer good value.

Three generic producers Zentiva, Egis, Gedeon Richter are suffering from local government activities to cut public health financing. All CEE companies are traded with lower prices (measured with P/E ratio) that other pharmaceutical companies in western part of Europe. On top of that they do business in emerging countries. It always brings more customers who are trying to substitute expensive original pharmaceuticals.


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