Speculations Spark-off: Is A Deal Cooking Between Pfizer And India's Dr. Reddy's Labs?
This article was originally published in PharmAsia News
Executive Summary
MUMBAI - Repeated denials of an imminent sell-off by India's Dr. Reddy's Labs failed to subdue a fresh round of speculations that linked Pfizer, a company said to be interested in buying out the domestic formulations business from the Hyderabad-headquartered company. Pfizer did not wish to comment and Dr. Reddy's strongly denied any plans to sell