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A Closer Look: Why Are Indian Pharma Promoters Diversifying Into Other Sectors?

This article was originally published in PharmAsia News

Executive Summary

MUMBAI - Earlier this month when Piramal Healthcare Ltd.'s Chairman Ajay Piramal announced a foray into the financial services sector, local pharma watchers were reminded of the much-touted "game-changing" deal that the scion of Ranbaxy Laboratories Ltd. Malvinder Singh struck with Daiichi Sankyo three years ago

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