Piramal Life Sciences

India’s Piramal to invest $1.5bn in biotech expansion

Monday, August 29, 2011 12:22 PM

Piramal, the Indian conglomerate that recently invested $650m in Vodafone, plans to invest at least $1.5bn to expand aggressively its overseas pharmaceuticals business as it seeks to become the country’s first global drug developer, according to The Financial Times.

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