Mead Johnson Hopes To Milk JV For Latin American Growth
This article was originally published in The Tan Sheet
An 80-20 joint venture with dairy producer SanCor likely will help Mead Johnson cement its footprint in Argentina and other Latin American countries. Meanwhile, the pediatric nutritionals firm maintains muted expectations for the U.S. in 2012.
You may also be interested in...
FDA proposes amending ANDA-blocking petition reg; Sara Lee snaps up Tea Forté; testing by FDA, CDC find no bacteria in Enfamil formula powder; USP offers draft probiotics standards; more news In Brief.
A disciplined growth strategy enables Mead Johnson Nutrition to expand its footprint in China and other emerging markets, as lower U.S. birth rates continue to dampen the firm's domestic business.
Mead Johnson Nutrition hopes strategic steps in developing markets - the latest a Middle East pediatric nutrition joint venture - will create a giant footprint for its infant formula products