Synopsis
His broad plays — a global business of contract manufacturing; making critical-care medicines used in hospitals; and selling OTC drugs in India— all have the potential for significant scale, but they come with their share of challenges. Also, a re-entry in the domestic pharma formulations business won’t be as easy as popping a pill.
Like an astute investor, he knows just when to enter the market and exit it. Back in 2010, Ajay Piramal made a pile with an exit that made the Indian pharma market release a collective gasp. Not that he ever left his happy hunting ground of pharma, but he is now dropping hints that he is looking to grab some juicy morsels in the sector once again.There is one thing every investment banker agrees with: Big deals and business tycoon Ajay Piramal
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