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Abbott looks to India for shot in arm: drug maker, with latest takeover, to hold biggest share of that nation's pharmaceuticals market

Authors :
Rockoff, Jonathan D.
Source :
Wall Street Journal. Europe. August 26, 2010, A17
Publication Year :
2010

Abstract

To capitalize on emerging markets, Abbott Laboratories is negotiating the acquisition of India's Piramal Healthcare Ltd. for $3.7 billion. When the deal closes, Abbott will hold the largest market share in that country's pharmaceutical industry at 7%.

Details

Language :
English
ISSN :
09219986
Database :
Gale General OneFile
Journal :
Wall Street Journal. Europe
Publication Type :
News
Accession number :
edsgcl.236325907