India's Piramal Plans $1.5 Billion Overseas Investments - FT
August 29 2011 - 2:39AM
Dow Jones News
Piramal Healthcare Ltd. (500302.BY) is planning to invest at
least $1.5 billion to buy biotech companies and patents and enter
ventures with pharmaceutical groups to develop new drugs, the
Financial Times reported late Sunday, citing an interview with
chairman Ajay Piramal.
Piramal has already been talking to a number of big
pharmaceutical groups in U.S. and Europe, but he declined to name
the groups involved, the FT said on its website. Piramal, however,
said that he hoped to announce the first major deal within the next
six to 12 months, according to FT.
Full Story:
http://www.ft.com/intl/cms/s/0/d8997a7c-cdaf-11e0-bb4f-00144feabdc0.html#axzz1WNDtIJ8r
Partnerre (NYSE:PRE)
Historical Stock Chart
From Mar 2024 to Apr 2024
Partnerre (NYSE:PRE)
Historical Stock Chart
From Apr 2023 to Apr 2024