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Boost to foreign investment in Pharma sector as FIIs investments in Aurobindo Pharma Ltd. and Glenmark Pharmaceutical Ltd. Approved

Dated:- 8-4-2015 - The Cabinet Committee on Economic Affairs (CCEA), chaired by the Prime Minister Shri Narendra Modi, approved two significant foreign investments in the pharmaceutical sector. Aurobindo Pharma Ltd. are engaged in manufacturing gener .....

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percent in the company. This will enable the company to expand its operations in the areas of anti infective, cardiovascular and central nervous system related ingredients. Aurobindo Pharma employs more than 9500 professionals from 26 countries. In .....

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aged in Research and Development activities in drugs. Glenmark Pharmaceuticals is a US$ 1 billion Indian pharmaceutical company, with a global presence with manufacturing facilities in India, Europe and South America. Both companies are promoted by I .....

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