Advertisement
Grab your lab coat. Let's get started
Welcome!
Welcome!
Create an account below to get 6 C&EN articles per month, receive newsletters and more - all free.
It seems this is your first time logging in online. Please enter the following information to continue.
As an ACS member you automatically get access to this site. All we need is few more details to create your reading experience.
Not you? Sign in with a different account.
Not you? Sign in with a different account.
ERROR 1
ERROR 1
ERROR 2
ERROR 2
ERROR 2
ERROR 2
ERROR 2
Password and Confirm password must match.
If you have an ACS member number, please enter it here so we can link this account to your membership. (optional)
ERROR 2
ACS values your privacy. By submitting your information, you are gaining access to C&EN and subscribing to our weekly newsletter. We use the information you provide to make your reading experience better, and we will never sell your data to third party members.
Business
Daiichi Sankyo Bows Out Of India
by Ann M. Thayer
April 27, 2015
| A version of this story appeared in
Volume 93, Issue 17
Daiichi Sankyo has sold all of its shares in India’s Sun Pharmaceutical Industries, thereby closing the door on its ill-fated move into generic drug production in India. The Japanese drug firm got the Sun shares after selling its Ranbaxy Laboratories subsidiary to Sun through a stock swap in March. Daiichi bought control of Ranbaxy in 2009, only to see the firm encounter years of regulatory problems. A year ago, Sun agreed to buy Ranbaxy for about $4 billion. Daiichi will provide financial details on the sale next month when it reports results for the fiscal year that ended on March 31.
You might also like...
The power is now in your (nitrile gloved) hands
Sign up for a free account to get more articles. Or choose the ACS option that’s right for you.
Already have an ACS ID? Log in
Join the conversation
Contact the reporter
Submit a Letter to the Editor for publication
Engage with us on Twitter