Michael Latwis, corporate analyst at Decision Resources, is available to discuss the announcement made on June 11, 2008 by Daiichi Sankyo that it will buy control of India's Ranbaxy Laboratories Ltd. for as much as $4.6 billion. The acquisition, if completed, is expected to make Daiichi Sankyo a major player in the generic drug industry, and provide important research and manufacturing capabilities in the low cost Indian market.
Mr. Latwis can discuss how this deal, if completed, will: -- Help Daiichi Sankyo diversify its business within a different segment of the pharmaceutical industry as, following years of divestments in unrelated businesses, Daiichi Sankyo will now participate in a full range of drug product offerings through branded, generic and over-the-counter product lines -- Allow Daiichi Sankyo to benefit from an upcoming wave of patent expirations in the U.S. and European markets, while also promoting generic products in the under-penetrated Japanese region -- Support Daiichi Sankyo's geographic expansion plans, particularly in fast-growing emerging markets such as India -- Leverage Ranbaxy's research resources and manufacturing capabilities, particularly within the Indian market -- Maintain Ranbaxy's independence as a subsidiary of Daiichi Sankyo by retaining, as is currently proposed, Ranbaxy Chief Executive Officer Malvinder Singh -- Enable Ranbaxy, through the support of a large globally-established pharmaceutical company, to further implement their own drug development ambitions -- Provide the controlling family of Ranbaxy with an attractive opportunity to monetize their stake in the company
To speak with Mr. Latwis, please contact Christopher Comfort at 781-296-2597 or firstname.lastname@example.org.
For more information, contact: Elizabeth Marshall 781-296-2563 email@example.com About Decision Resources
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PRNewswire -- June 11
SOURCE: Decision Resources
Web site: http://www.decisionresources.com/