JSC “Grindeks” will closer cooperate with Latvian Institute of Organic Synthesis


Referring to the information, published at the news portal BNS, JSC “Grindeks”
confirms that expansion of cooperation with the Latvian Institute of Organic
Synthesis is being considered. With the aim to combine scientific work and the
production of pharmaceuticals, JSC “Grindeks” would consider buying the
Institute of Organic Synthesis, if such opportunity existed. 

On “Grindeks”

“Grindeks” is the leading pharmaceutical company in the Baltic States. Its main
fields of action are: research, development, manufacturing and sale of original
products, generics and active pharmaceutical ingredients. Product portfolio of
“Grindeks” consists of original products, generics and active pharmaceutical
ingredients. “Grindeks” specializes in the heart and cardiovascular, CNS and
anti-cancer medication therapeutic groups. 

Group of “Grindeks” consists of four subsidiary companies in Latvia, Estonia
and Russia, as well representatives and representative offices in fourteen
countries. Products of the company are exported to more than 40 countries and
its export comprises more than 96% of the total turnover. The main markets are:
the Baltic States, Russia and other CIS countries, Japan, the USA. JSC
“Grindeks” shares are listed in the Official List of “NASDAQ OMX Riga”. 

Further information:

Ilze Kreicmane
Deputy Head of the Communications Department, JSC “Grindeks”
Phones: (+371) 67083336, (+371) 26466681
Fax: (+371) 67083505
ilze.kreicmane@grindeks.lv