Moody's and ICRA: Indian pharmaceutical generics majors' growth will be driven by M&As
Singapore, December 12, 2016-- Moody's Investors Service and its Indian affiliate, ICRA Limited, say that Indian pharmaceutical companies will continue to seek growth through the acquisition of overseas assets over the next 18-24 months, with the aim of deepening their geographic and product diversity, and further increasing their presence in developed and emerging markets. "The drive for overseas expansion comes amid the consolidation of the global pharmaceutical...
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