BUSINESS

Sun Deal Not Meant to Sever Ties with Ranbaxy: Daiichi Sankyo Pres.

April 8, 2014
Daiichi Sankyo announced on April 7 that its Indian generic subsidiary Ranbaxy Laboratories will be merged into bigger Indian peer Sun Pharmaceutical Industries, but President Joji Nakayama says the share swap deal was not intended to cut off its ailing…

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