Hungary’s government signed a strategic cooperation agreement with Swiss pharmaceutical group Roche on Friday.
Minister of Foreign Affairs and Trade Péter Szijjártó noted that the agreement is the eighth such agreement the government has signed with a pharmaceutical company.
“We believe it’s urgent to deliver medical solutions right now – even as we develop innovations for the future. We are passionate about transforming patients’ lives. We are courageous in both decision and action. And we believe that good business means a better world,” – Roche states on their website.
He said that output of Hungary’s pharmaceutical sector reached a record 963 billion forints (€ 2.6 billion) last year, adding that around 85 percent of local output is exported.