Bloomberg News

Venezuela to Take Control of Local Laboratory, Chavez Says

October 27, 2011

Oct. 27 (Bloomberg) -- Venezuela will take control of a local pharmaceuticals laboratory called Orpin Farma after its owners supposedly abandoned the business, President Hugo Chavez said today on state television.

Chavez spoke today by telephone to a group of workers at a glass manufacturing plant that was seized from Owens-Illnois Inc. last year.

To contact the reporter on this story: Nathan Crooks in Caracas at ncrooks@bloomberg.net

To contact the editor responsible for this story: Daniel Cancel at dcancel@bloomberg.net


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