M&a lab piramal- abbott deal 4 ©nishith desai associates prologue affluent pharmaceutical giants from the west are in pursuit of their counterparts in the east to consolidate. In may, us-based abbott labs secured the top spot in india's growing pharmaceutical industry with its us$372 billion takeover of piramal healthcare's branded generics business. Wwwasiabiotechcom volume 14 number 5 & 6 2010 45 [ industry watch ] india abbott acquires india’s piramal health for $372 bn u s-based pharma giant.
Abbott piramal deal 1 •indian pharma sector likely to grow 11% over the years •optimum regulatory situation & patent regime is getting established. The speculation that has been fuelling the shares of piramal healthcare over the past few days has been put to rest after abbott laboratories announced friday that it will buy a unit of the. Read more about piramal deal will give abbott india size on business standard us-based pharmaceutical multinational abbott expects its 69 per cent-owned indian subsidiary to quadruple its.
Abbott laboratories will buy piramal healthcare ltd abbott to buy piramal “this is certainly not the last deal that you will see in. Home upfront special five years after abbott deal, piramal enterprises delivers stellar growth company's revenue has risen at a 23 percent cagr over the last five years while net profit.
Piramal enterprises limited (pel) earlier known as piramal healthcare limited, is the flagship company of piramal group,healthcare solutions business, and shareholding in subsidiary pdsl. This time around, when abbott again proposed a deal, piramal picked up the gauntlet says piramal: i thought i would see where the discussion led us to. Mumbai: the hunter has become the hunted in the second-largest deal ever in the indian pharma industry, us-based abbott laboratories has acquired the pharmaceuticals solution business of.