Piramal sells healthcare business to US firm - IBNLive.com

By
Viraj
on May 22, 2010 2:55 AM | | Comments (0) | TrackBacks (0)
Piramal Healthcare on Friday said it will sell its healthcare solutions business in India, Sri Lanka and Nepal to US-based Abbott for $ 3.72 billion.

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The business involves manufacturing, marketing and sales of branded pharmaceutical products.

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The company said in a regulatory filing that it will transfer its manufacturing facilities at Baddi in Himachal Pradesh and rights to around 350 brands and trademarks to Abbott.

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This page contains a single entry by Viraj published on May 22, 2010 2:55 AM.

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