In Brief: ConvaTec
This article was originally published in The Gray Sheet
Executive Summary
ConvaTec: Bristol-Meyers Squibb subsidiary opens manufacturing facility in Shenzhen, China, to produce ostomy care products for the Chinese market. The facility, Squibb-ConvaTec Medical Products, is a joint venture with Shenzhen China Associated Guangshen Pharmaceutical Company. China has an estimated 200,000 ostomy patients, a number anticipated to grow due to a "rise in the occurrence and diagnosis of colorectal cancer," BMS states...
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