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1988
1989
1990
1991
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1993
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1995
1996
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1998
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2000
2001
2002
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2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
Phase 1: 1987-2000
Distribution of
innovative products
Phase 3: 2005-2015
Regulatory know-how
& own molecules
Phase 4: 2015-2020
Global expansion
& improved structure
Phase 5: 2021-2027
New shareholder,
innovation & biologicals
Phase 2: 2001-2005
European expansion
20