| Topic : New Drugs Value Creation |
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Posted in Community :
Moving up the Biotechnology value chain
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last activity : 07 06 2010 20:18:04 +0000
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After Ranbaxy Labs sales in 2008, there is one more big M & A for year 2009, i.e. sale of Wockhardt biotechnology and veterinary division, According to some reports US drug major Pfizer is reportedly in an advanced stage of talks with Wockhardt to acquire its biotechnology and veterinary divisions, the deal, which could value Wockhardt's comparatively smaller businesses is of worth around Rs 1.2bn.
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