Daiichi Sankyo, Inc. Yet to Gain from Ranbaxy Laboratories Buy

WSJ -- Daiichi Sankyo, the Tokyo-based pharmaceutical company, wanted to acquire a drug maker that specialized in generics after Japan eased its laws allowing sales of these cheaper versions of expensive drugs. Through the acquisition of Gurgaon-based Ranbaxy, Daiichi bought a mature firm that would help it access the American and Indian markets.

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