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India clears Mylan's plant buy, to vet Perrigo, Hospira plans next week

This article was originally published in Scrip

Executive Summary

India has cleared foreign direct investment (FDI) plans worth Rs8.02 billion ($146 million) across various industry sectors, including Mylan's acquisition of an oncology manufacturing facility for Rs1.73 billion. Nine proposals, including those of Perrigo API India and Hospira, were deferred however.

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