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Indian Drug Makers Slow To Join Consolidation Bandwagon

This article was originally published in PharmAsia News

Executive Summary

While drug makers in other countries engage in mergers and acquisitions, their Indian colleagues see consolidation as a few years away. Although the movement may be slower, consolidation is expected in India as firms led by their entrepreneurs become vulnerable to such a move. But one industry official said that just one successful deal could spark more. A company is seen vulnerable if its promoter holds less than a majority interest. (Click here for more



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