AFTER announcing a number of acquisitions and partnerships in Europe recently, the Stada Group is also expanding its over-the-counter (OTC) portfolio in the Asia-Pacific region. As the global manufacturer of high-quality generic drugs and consumer healthcare products announced today, Stada is acquiring the Philippine portfolio of FERN, one of the leading brands in the growing local vitamin C market.The product range consists of FERN-C, a vitamin C product that has been in the market for 15 years, as well as FERN-C Kidz and Kiddimin, two vitamin products for children.
Stada has had a long history of selling pharmaceuticals in the Philippines, formerly through Croma Medic Inc., which was acquired by Stada in early 2000 and recently renamed Stada Philippines.
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