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Rumored GSK Acquisition Of Piramal Has Executives On Job Hunt

This article was originally published in PharmAsia News

Executive Summary

Reports that U.K.-based GlaxoSmithKline plans to acquire India's Piramal Healthcare have India-based executives of both companies exploring options elsewhere. Executive-search companies say they have noted an increasing number of inquiries from Piramal executives. They and those at GSK's Indian subsidiary are concerned about their survival after an acquisition. One placement firm said some of the executives are even willing to move to other sectors because of market conditions affecting pharmaceuticals. (Click here for more
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