Sopharma and Natur Produkt Zdrovit JV fails

A manufacturing joint-venture (JV) between Sopharma, a prominent Bulgarian pharmaceutical manufacturer, and a Polish drug maker, Natur Produkt Zdrovit, is being liquidated. As Tomasz Purwin, the owner of the latter company told Pharma Poland News, the projects in the scope of marketing, production and commerce had never been carried out.

Sopharma has been present in Poland so far, both directly and through a manufacturing joint-venture with Natur Produkt Zdrovit, established in 2007. Sopharma acquired a majority stake in JV, which was aimed at production of pharmaceuticals. Moreover, Sopharma was supposed to distribute Zdrovit products in Bulgaria.

Initially, the plans of two companies comprised also construction of a factory.