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Business News/ Companies / Indian arm to come under medical biz
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Indian arm to come under medical biz

PTI

Indian arm to come under medical biz

File Photo BloombergPremium

File Photo Bloomberg

New Delhi: Abbott Laboratories said on Wednesday its Indian division will come under the diversified medical products division after the company’s proposed split.

File Photo Bloomberg

In May 2010, Abbott acquired the domestic formulation business of India’s Piramal Healthcare for $3.72 billion (about ₹ 17,484 crore) to become one of the leading drug firms in the country.

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Published: 19 Oct 2011, 10:21 PM IST
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