Kyorin may be among potential Japan partners for Cipla
This article was originally published in Scrip
Executive Summary
A knowledgeable source has informed Scrip that the Indian firm Cipla has initiated preliminary discussions with the Kyorin group of Japan for a potential alliance, with an eye on opportunities in the generics space. With its management succession plan in place (scripintelligence.com, 7 February 2013) and a renewed business thrust on globalization through alliances or on-the-ground presence, Cipla now appears to be setting its sights on the world's second largest pharmaceutical market. The source stressed that discussion are still at an early stage and that Cipla may also be speaking with other potential partners.