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Abbott Plays On Diverse Offering As It Cruises Higher Than Most In India

This article was originally published in PharmAsia News

Executive Summary

MUMBAI - Size matters and Abbott Laboratories amply demonstrated its significance when last year it emerged as the dark horse and acquired the India prescriptions business of Piramal Healthcare Ltd. at a steep valuation of $3.72 billion, or 9 times the sales and 31 times the pre-tax profit

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