Premium
This is an archive article published on May 15, 2011

Pharma majors take JV route to India

Global pharma majors are opting for joint venture route to tap the consumption story in India.

google-preferred-btn

Global pharma majors are opting for joint venture route to tap the consumption story in India,one of the world’s key markets,as high valuations are acting as deterrent for M&A deals,believe experts.

So far this year,two global pharma majors have entered the Indian market through JV route.

In January,Germany’s Bayer Healthcare announced a joint venture with Zydus Cadila to sell drugs in India and in April,Sun Pharmaceutical Industries and US-based Merck & Co Inc entered into a joint venture agreement to develop,produce and market generic drugs in emerging markets.

Commenting on the trend,Mergermarket Asia Pacific Deputy Editor Anjali Naik said,”especially for MNCs who don’t have existing regional operations,it makes sense to take a JV route as opposed to an acquisition.

 

Latest Comment
Post Comment
Read Comments
Advertisement
Live Blog
PHOTOS
In pics: From concept supercars to electronic SUV's: Bharat Mobility Global Expo 2025 was all about innovation
In Pics: From Concept Supercars to Electric SUVs – Innovation at Bharat Mobility Global Expo 2025
Top Stories
Pema Wangjom Thongdok India Arunachal China
India reacts after China 'detained' Arunachal woman: ‘No amount of denial will change reality’
Head coach of the Indian team Gautam Gambhir before the start of a day's play in the1st Test match between India and South Africa at Eden Gardens, Kolkata. (PHOTO: CREIMAS for BCCI)
SportsGautam Gambhir's team buried India's proud home record without a fight
Bollywood in 2018
EntertainmentSacred Games changed Indian entertainment in 2018, the year of Stree and October: 25 Years of Indian Cinema
Dharmendra
EntertainmentDharmendra wished he never touched alcohol, opened up about being sober for 8 years: 'I used to drink heavily, it's the worst thing'
Indian marine techie shows Norway flexible work hours
Trending‘Narayana Murthy, take note’: Indian marine techie in Norway shows how ‘flexible’ 7.5-hour workdays boost happiness
Their officiant, Cole Hofstra, was equally ready to perform the wedding in the extreme weather conditions
TrendingCanadian couple hike 30 minutes during snowstorm to get married at national park, stunning wedding photos go viral: ‘Different level of commitment’
South Africa success India
SportsSouth Africa's role clarity, multiple heroes and simple plans trumped India's muddled thinking and musical-chairs approach
Sundar
SportsWhy India's batters don't have footwork or gameplan to master home conditions
donald trump
OpinionTrump’s Ukraine peace plan is audacious. India has a stake in its success
Dubai airshow plane crash, hal tejas crash dubai, dubai airshow incident, tejas fighter jet crash, dubai airshow accident, plane crash demonstration dubai, indian tejas crash news, dubai air show 2025 crash, uae air show crash update, fighter jet crash dubai air show
Tejas crash: Need for & risks in high-performance air manoeuvres
onion
LifestyleWhat are those black streaks and marks on your onions?
OnePlus 15 Review: The OnePlus 15 blends power, durability and standout battery life into one of the most complete Android experiences we’ve seen in years. (Image: Bijin Jose/The Indian Express)
TechnologyOnePlus 15 review: A blazing-fast smartphone with unmatched performance
Advertisement
Must Read
SportsSouth Africa's role clarity, multiple heroes and simple plans trumped India's muddled thinking and musical-chairs approach
South Africa success India
SportsWhy India's batters don't have footwork or gameplan to master home conditions
Sundar
SportsGautam Gambhir's team buried India's proud home record without a fight
Head coach of the Indian team Gautam Gambhir before the start of a day's play in the1st Test match between India and South Africa at Eden Gardens, Kolkata. (PHOTO: CREIMAS for BCCI)
TechnologyOnePlus 15 review: A blazing-fast smartphone with unmatched performance
OnePlus 15 Review: The OnePlus 15 blends power, durability and standout battery life into one of the most complete Android experiences we’ve seen in years. (Image: Bijin Jose/The Indian Express)
TechnologyStepping into your 30s? New study reveals you may still be an adolescent
The study examined brain changes over a lifetime but did not differentiate between genders, leading to potential questions about factors such as menopause. (Image for representation: Freepik)
TechnologyWhat Is Agentic AI, and would you trust it to book a flight?
FILE — A traveler walks at Wichita Dwight D. Eisenhower National Airport in Wichita, Kan., on Jan. 30, 2025. Companies are racing to develop artificial intelligence tools that can make reservations for flights, hotels and more on your behalf. (Image: The New York Times)
LifestyleWhat are those black streaks and marks on your onions?
onion
Advertisement
Buzzing Now
Trending‘Narayana Murthy, take note’: Indian marine techie in Norway shows how ‘flexible’ 7.5-hour workdays boost happiness
Indian marine techie shows Norway flexible work hours
TrendingCanadian couple hike 30 minutes during snowstorm to get married at national park, stunning wedding photos go viral: ‘Different level of commitment’
Their officiant, Cole Hofstra, was equally ready to perform the wedding in the extreme weather conditions
TrendingSwiggy customer uses AI to fake damaged eggs, secures refund; viral post sparks trust debate: ‘We can never be a developed nation’
Swiggy customer uses AI to fake damaged eggs
Trending‘Mumbai is strict like NYC’: Australian creator says Delhi’s ‘jugaad’ makes life smoother, sparks heated debate
Australian creator on Delhi vs Mumbai
TrendingAs AQI deteriorates in Mumbai, Rohit Sharma’s wife Ritika Sajdeh expresses concern: ‘What is happening?’
Ritika Sajdeh, the wife of Indian cricketer Rohit Sharma, expressed her concern on Instagram, sharing screenshots of air quality readings from the city
Nov 26: Latest News
Advertisement