Sunday, June 15, 2008

Ranbaxy deal may spark buyout of more Indian firms

(MUMBAI) Daiichi Sankyo's US$4.6 billion bid for control of India's Ranbaxy Laboratories Ltd could be the trigger for foreign pharmaceutical companies to step up the hunt for low-cost Indian drug makers for fear of being left behind.

Source: http://business-times.asiaone.com/mnt/html/btpre/registration/redirect.jsp?dlink=/sub/news/story/0,4574,283579,00.html?

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