Thursday, September 17, 2009

Dr Reddy's in talks with Glaxo for stake sale

UK-based pharma giant GlaxoSmithKline (GSK) is in talks to pick up a 5% stake in Hyderabad-based Dr Reddy’s Laboratories (DRL) in order to strengthen its association with the Indian firm with whom it had signed a marketing alliance four months ago.

The details can be read here.

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