 |  |  | | | Daiichi Sankyo surprised the markets by buying out Ranbaxy's promoters. The Japanese pharmaceutical major has mega plans and reports suggest that the company is likely to set up a research and development centre in India. The sale has sent shockwaves among the Indian pharma companies as they fear the deal may trigger a spate of acquisitions in the near future. | | | |  | |  | Ranbaxy's milestones
In the early 1950s, Gurbax Singh, one of the original promoters of Ranbaxy sought additional financing and turned to a local moneylender, Bhai Mohan Singh. A glance through the turning points since then. | | | ................................................................................................................................................... |  | Industry shocked
Majors in the industry termed the Ranbaxy-Daiichi deal as `unexpected' and `dramatic'. When Ranbaxy said that its promoters were selling their entire stake to Daiichi Sankyo, it sent shockwaves throughout the industry. | | | ................................................................................................................................................... |  | When predator turned prey
Ranbaxy, which was in the thick of its acquisitions strategy till recently, was even prowling around for a catch in the domestic market. | | | | | ...................................................................................................................................................................................................................................... |  | From Rs 2.5 lakh to Rs 9,576 cr
From a meagre sum of Rs 2.5 lakh invested 56 years ago, Malvinder Mohan Singh will get Rs 9,576 crore, on behalf of his family, from the Japanese pharma major. | |  | Fingers crossed
The future of a clutch of companies in which Ranbaxy has invested now hangs by a thread. | | | ...................................................................................................................................................................................................................................... | | | |
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