Market intelligence, trend analysis and forecasts for the Pharma and Healthcare industries across the regions

Companies / India

Ranbaxy Expands South African Footprint

May 2007 | Industry News

Indian drugmaker Ranbaxy has expanded its presence in the South African pharmaceuticals market after completing the purchase of local producer Be-Tabs Pharmaceuticals in a deal worth ZAR500mn (US$72.17mn). As part of the deal, local black economic empowerment (BEE) firm Community Investment Holdings (CIH) has taken a 25% stake in the company for ZAR125mn (US$18.1mn).

Sorry, you must be a subscriber to view this article in full. If you are a subscriber please login.

[
: *
[
: *

Forgotten your password?

If you would like to subscribe to Middle East & Africa Pharma & Healthcare Insight and gain instant access to this article, please click here to subscribe.

If you would like to take a trial to Middle East & Africa Pharma & Healthcare Insight please click on the trial link below.

Related Insight Articles
Aspen And Matrix Reorganise Partnerships

Companies / India South Africa's Aspen Pharmacare and India's Matrix Laboratories have divested their 50-50 active pharmaceutical ingredient (API) manufacturing joint ventures. Aspen will acquire 50% of South Africa-based...
October 2008
Lupin Acquires Majority Stake In Pharma Dynamics

Companies / India India's Lupin has expanded its footprint in South Africa through the acquisition of a majority 60% stake in local firm Pharma Dynamics. The stake in Pharma Dynamics should allow Lupin more direct access...
September 2008
Zydus Cadila To Take Stake In Simayla

Companies / India Indian generics firm Zydus Cadila has announced that it is to acquire 70% of South Africa's Simayla Pharmaceuticals, as part of its drive to penetrate southern Africa's generics markets.
June 2008
India's IBPL To Launch Oncology Biotech Products

Companies / India Demonstrating faith in the Gulf states' appetite for novel drugs, India's Intas Biopharmaceuticals (IBPL) is to register itself in the Gulf Co-operation Council (GCC) region. IBPL is initially planning...
February 2008
Trade With India Set To Boom

Companies / India South Africa-India bilateral trade is set for strong growth according to the Federation of Indian Chambers of Commerce and Industry (FICCI). Overall trade is expected to reach US$12bn by 2010 - triple...
October 2007
Middle East & Africa InsightMiddle East & Africa Channels Middle East & Africa Countries


All material on this site is protected by international copyright laws and use of this site is subject to our Terms & Conditions.
© 2009 Business Monitor International Ltd
Site powered by WORKSsitebuilder CMS