Mergers And Acquisitions
The right mantra for success?
Suday Karkera Associate Research Director, ORG-MARG Research Ltd., India. andTrilochan Raval Senior Research Associate, ORG-MARG Research Ltd., India.
OVERVIEW OF THE INDIAN PHARMACEUTICAL INDUSTRY
The Indian pharmaceutical market is currently valued at US$ 4 billion and ranks ninth in the world. It accounts for 1.6% of the world market in terms of value. Its current annual growth rate (CAGR) of 18% (1991-2000) is more than twice that of the global market. India's share in the global pharmaceutical market is expected to more than double by the year 2010....