Four Top Pharma Firms, GlaxoSmithKline, Sanofi-Aventis (France), Novartis AG and Johnson & Johnson Bid For Paras Pharmaceuticals Ltd.

Business Standard -- The countdown to the sale of Ahmedabad-based Paras Pharma has begun, with at least four top multinational drug makers putting in their bids in the initial round. Interestingly, Indian fast moving consumer goods (FMCG) companies and pharma players have so far stayed out of the race.

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