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Business

Piramal Will Buy Decision Resources

by Michael McCoy
May 21, 2012 | APPEARED IN VOLUME 90, ISSUE 21

India’s Piramal Healthcare has agreed to acquire Decision Resources Group, a U.S.-based health care information company, for about $635 million. After posting 20% compounded annual growth for the past five years, DRG will have $160 million in sales in 2012, according to Piramal. Piramal has been looking for deals since selling its generic drug business to Abbott Laboratories for $3.8 billion in May 2010.

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