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Orchid Chemicals to acquire US pharma firm

thaindian.com » 2008 » October » 30th » Orchid Chemicals to acquire US pharma firm

Tagged: business, earnings, pharmaceuticals, stake, profits, previous year, rs 6, orchid chemicals, oct 30, controlling interest, drug discovery and development

Chennai, Oct 30 (IANS) The city-based bulk drug major Orchid Chemicals and Pharmaceuticals will increase its stake in the American drug discovery and development company Diakron Inc to 51 percent this quarter. In August, the company acquired around 43 percent control in Diakron on an investment of $1.7 million. According to an Orchid official, the [...] … Continue Reading »

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