New Delhi: Foreign direct investment in the pharma sector has more than doubled to $ 1.07 billion during April-August period amid concerns over increasing acquisitions of domestic firms by multinationals.
FDI in drugs and pharmaceuticals was $ 487 million during April-August 2012, according to the latest data of the Department of Industrial Policy and Promotion ( DIPP).
Faced with rush of multinationals to acquire Indian pharma firms, the Commerce and Industry Ministry is pro ..
Read more at:
http://economictimes.indiatimes.com/articleshow/25996060.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
http://economictimes.indiatimes.com/articleshow/25996060.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst