Why the acquisition of "Ranbaxy" is an important deal for "Sun Pharma"?
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- eAnswers...Apr 25, 2014
Recently, Sun Pharma has acquired "Ranbaxy" and this is considered as one of the important deal for Sun Pharma. The company has a strong value and position in US market while on the other hand Ranbaxy has a strong position in emerging markets as well as Indian Market. So, to be in the list of top five largest generics company in the world, Sun Pharma decided to acquire Ranbaxy. Moreover, they both are considered as the top Pharmaceutical company in India if combined together.
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