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After Abbott, India Market Bug Bites Mylan Too As It Sets Sights On Stage-wise Product Rollout

This article was originally published in PharmAsia News

Executive Summary

MUMBAI - The potential of the Indian pharmaceutical market to double from the present $8 billion to $15 billion in the next five years led Abbott last week to strike the most richly valued deal for Piramal Healthcare's generic drug businesses, but the action for a share of the Indian market is set to accelerate further as Mylan - the third largest generic company in the world and the largest in the U.S. with sales exceeding $5 billion - is preparing to enter the Indian formulations market

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