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Lifeline ends for Ranbaxy after half-a-century existence

2015-04-07 03:20:47| Chemicals - Topix.net

Search Ranbaxy Laboratories on the Google and the website link will take you to the Sun Pharmaceutical Industries official web page, as the Gurgaon-based Indian multinational giant has ceased to exist. There is no more official web page of Ranbaxy and the 54-year old company has been pronounced dead on the bourses.

Tags: ends existence lifeline ranbaxy

 

Sun Pharma brings to closure Ranbaxy merger

2015-03-27 12:08:41| Chemicals - Topix.net

India's largest pharma company Sun Pharmaceutical Industries on Wednesday announced the closure of its merger with Ranbaxy Laboratories saying the integration will deliver synergies worth $250 million in three years. "The merger has created a combined entity which has much more managerial capability.

Tags: sun brings closure merger

 
 

CCI riders small price for Ranbaxy deal

2014-12-10 06:20:07| Chemicals - Topix.net

Markets give thumbs-up as Sun Pharma and Ranbaxy can close deal in 3-4 months; however, the divestment may not fetch the desired value due to low buyer interest Share prices of Ranbaxy Laboratories and Sun Pharmaceutical Industries sprinted on Tuesday as the overall market sank on news that Competition Commission of India had given nod to their merger plan. Though the approval came with certain conditions which includes divestment of total of seven products of Sun and Ranbaxy, the market has viewed the development in a positive light.

Tags: price small deal riders

 

Sun, Ranbaxy may be asked to sell some biz for CCI approval

2014-10-15 09:16:56| Chemicals - Topix.net

A source said the competition watchdog would by next month suggest 'structural remedies' that included selling key drug segments as conditions for clearing the country's largest pharmaceutical industry merger. When contacted, both Sun Pharma and Ranbaxy refused to comment.

Tags: sell asked sun approval

 

Pfizer, Ranbaxy win dismissal of lawsuit over generic Lipitor

2014-09-13 06:19:21| Biotech - Topix.net

U.S. District Judge Peter Sheridan in Trenton, New Jersey, ruled that the plaintiffs, retailers and distribution companies that bought Lipitor directly from Pfizer, failed to plead their case with enough detail. The lawsuit, filed in 2012, stems from a 2008 settlement of a patent lawsuit filed by Pfizer against Ranbaxy over Ranbaxy's plan to make generic Lipitor.

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