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Provider: Reuters Investment Profile
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Farmstandart OAO transfers Bever Pharmaceutical to OTCPharm-Interfax

Tuesday, 18 Feb 2014 09:25pm EST 

Farmstandart OAO:Pharmstandard has transferred Singapore-based Bever Pharmaceutical (Bever) to OTCPharm, into which it has spun off its non-prescription drugs business, OTCPharm materials show-Interfax.OTCPharm took possession of 100 percent of Bever, which holds a long-term contract with the producer of substances for manufacturing Arbidol and Afobazol, on Feb. 18.Earlier in Feb., Pharmstandard transferred 100 percent of Vindekspharm, which owns the rights to the Aciphol brand, and 99.93 percent of Donelle Company, which owns 100 percent of CJSC Afopharm, the owner of the rights to the Afobazol brand to OTCPharm. 

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