Indian pharma industry not as attractive for acquisitions, says Ajay Piramal

♠ Posted by at Tuesday, October 14, 2014 in ,, at Tuesday, October 14, 2014

He was one of the original ‘takeover tycoons’ in India’s post-liberalisation era with an appetite for taking over pharmaceutical businesses. Ajay Piramal, Chairman of the Piramal Group, has since diversified his business interests, having sold his then flagship, Piramal Healthcare to Abbott for a whopping $3.7 billion in 2010. 

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