Navigation Links
Pharmacia may take 51.5 percent Abbott stake

PHARMACIA Corp is close to signing a deal to acquire the 51.5 per cent stake in Abbott Laboratories India held by fellow US drugmaker Abbott Laboratories Inc. An industry source who declined to be identified, said Pharmacia could reach an agreement in the next few days to buy the stake in Abbott Laboratories India. //

"If all goes well, senior Abbott officials from the company’s regional office in singapore will be soon in india," he said. The source did not mention the amount Pharmacia will pay for the stake, which it could acquire through its wholly-owned Indian unit, Pharmacia India Pvt. Ltd.

Pharmacia India Managing Director, Mr Venkat Sohoni, said he would not comment either way, while Abbott officials in Mumbai and Singapore also declined to comment. The US-based Abbott would retain its 58.2 per cent holding in another Indian subsidiary, knoll Pharma.
'"/>




Page: 1

Related medicine news :

1. Zyflamend inhibits 78 percent of prostate cancer cells
2. NHS Forced to Borrow Money at Rates of 10 percent
3. Thirty percent of nurses distressed with verbal and physical abuse
4. 17 percent rise in childhood cancer cases due to modern lifestyles
5. Supercentenarian Center to study longevity
6. Abbott Laboratories to buy Biocompatibles cardiovascular stent business
7. Abbott’s Laboratories R&D Capabilities Questione
8. Abbott Receives CE Mark Certification
9. Abbott to Subsidize Price of HIV Drug
10. Abbott Offers Aluvia to Thailand in Return for Compulsory Licensing Halt
11. Children! Protecting them from medical mistakes
Post Your Comments:
*Name:
*Comment:
*Email:


(Date:6/24/2016)... , ... June 24, 2016 , ... People across the ... Genome magazine’s Code Talker Award, an essay contest in which patients and their families ... to be presented at the 2016 National Society of Genetic Counselors (NSGC) Annual Education ...
(Date:6/24/2016)... ... June 24, 2016 , ... Puradigm® & ... (TGIG), has initiated cultivation and processing operations at its production facility, and opened ... , Puradigm is the manufacturer of a complete system of proactive air and ...
(Date:6/24/2016)... ... June 24, 2016 , ... Venture Construction Group (VCG) sponsors ... on June 20th at the Woodmont Country Club at 1201 Rockville Pike, Rockville, Maryland, ... to helping service members that have been wounded in battle and their families. Venture ...
(Date:6/24/2016)... ... June 24, 2016 , ... Finally, a bruise cream that ... dermaka cream can be incorporated into the post-surgical treatment plans of a variety of ... , dermaka cream is very effective for bruising and causes a rapid resolution of ...
(Date:6/24/2016)... New York (PRWEB) , ... June 24, 2016 , ... ... marijuana patients optimize the ingestion of their medication by matching users with high quality ... users to compare pieces with no commitment. , Inhale was founded by two brothers, ...
Breaking Medicine News(10 mins):
(Date:6/23/2016)... , June 23, 2016 ... CAPR ), a biotechnology company focused on the ... announced that patient enrollment in its ongoing randomized ... has exceeded 50% of its 24-patient target. Capricor ... the third quarter of 2016, and to report ...
(Date:6/23/2016)... BOGOTA, Colombia , June 23, 2016  Astellas today announced the establishment of Astellas Farma Colombia (AFC), a ... second affiliate in Latin America . ... ... ... ...
(Date:6/23/2016)... , June 23, 2016  Experian ... integrating and transforming the patient payment and ... several innovative new products and services that ... its revenue cycle offerings. These award-winning solutions ... efficient workflows, remain compliant in an ever-changing ...
Breaking Medicine Technology: