Daiichi Sankyo and Ranbaxy Laboratories on Wednesday announced that Daiichi Sankyo’s subsidiary Daiichi Sankyo Venezuela SA would begin marketing products of Ranbaxy in Venezuela as part of the hybrid business model. Till now, Ranbaxy has been marketing the products in Venezuela through a local distributor. Daiichi Sankyo Venezuela will now take over this role, a Ranbaxy release said.
