Bio Saga Headlines

Bio Saga

Wednesday, August 20, 2008

Ranbaxy Saga - Episode buyout

The story begins (as the story ends for Ranbaxy Laboratories, India’s largest drug manufacturer) the curtains roll down...

When the Singh family sold Ranbaxy Laboratories to Daiichi Sankyo it took everyone by surprise. This deal may well have opened the door for other such transactions in the future. Indian promo ters, who were considered to be sentimentally attached to their businesses, are now analysing their business portfolio and may be willing to cash out at right values. Times they are a-changin’

Never a dull moment these days at Ranbaxy Laboratories, India’s largest drug manufacturer. In the course of the summer, it has resolved its longstanding, much-publicized patent dispute with Pfizer over its generic version of Lipitor, agreed to an imminent buyout by Japanese drugmaker Daiichi Sankyo, and been sued by the U.S. government for alleged data fraud. As Ranbaxy’s World Turns, So Does Generics Model

The Japanese company had agreed in June to pick up 34.8 per cent stake in Ranbaxy, India's largest drug maker, from its promoters, Malvinder Mohan Singh and family. Daiichi Sankyo Company Ltd will pay Rs 737 per share to shareholders of Ranbaxy Laboratories in its open offer beginning Aug 16, the Japanese company said in a regulatory statement here Monday. Daiichi to pay Rs 737 per Ranbaxy share in open offer

More to come...

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Life Science and Informatics

What is this?
is this a new industry?
or a old wine in a new bottle?

Well Life Sciences and Informatics can be anything form computational biology, all omes and omics, core bioinformatics to curation and literature mining, database creation, in the area of biology, chemistry , bio-chem space.

There are number of companies in India and bangalore is the forefront as a major bio-cluster with 20 to 30 companies in this sphere.

now how good are these companies doing?
how good are they in terms of the international markets and how profitable is their business?
what do they do?
their clients?

These are some interesting things that could be discussed in this blog page...

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