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1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
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
22