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As reported in Medical News Today (Sept 11th) this deal has officially closed


Thanks for correction Ram with regard to Ranbaxy. Given their current manufacturing problems throughout their network - maybe Daiichi is closer to considering such a move! Or at least wondering why they bought the asset in the 1st place


Brad, Ranbaxy has already been purchased by Daiichi. So, unless the Japs sell out, there's no buying of Ranbaxy.


WSJ report on Abbott and Piramal. Says Abbott paid steep price that indicates other buyers were in competition. GSK and Sanofi both mentioned as possibles in battle for pharmerging market share.

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