OREANDA-NEWS. September 21, 2012. JSC "Grindeks" informs that today, on 21 September, the delegation of Japanese entrepreneurs is visiting the company. The visit is within the framework of the “Latvia Industrial Tour” organised by Investment and Development Agency of Latvia (LIAA) and Japan External Trade Organization (JETRO).

The purpose of this tour is to introduce Japanese entrepreneurs to the priority economic sectors of Latvia, which includes pharmaceutical industry.

Chairman of the Board of JSC "Grindeks" Juris Bundulis and other representatives of the company will participate in the meeting. Guests will be introduced to the operations of “"Grindeks"” and previous cooperation experience with Japanese companies. It is planned that the delegation will also visit the Active Pharmaceutical Ingredients Analytical Scale-up Laboratory and the new manufacturing unit of UDCA (ursodeoxycholic acid) that was opened last year.

"Grindeks" has cooperated with Japan for 40 years. First cooperation agreement was signed in 1972. Currently the company is cooperating with three Japanese pharmaceutical companies – “Taiho Pharmaceuticals”, “Daiichi Sankyo” and “Fujita”.

The sales volume to this country is at least 0.5 million euros each year.