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Pfizer offers to raise stake in Indian unit

 The world's biggest drug maker Pfizer Inc has offered about Rs 680 crore to raise its stake in its Indian subsidiary to 75 per cent from 41 per cent. The offer of Rs 675 per share, however, is......

Drug MNCs want payoff for blockbusters

 Multinational drug companies are considering launching blockbuster molecules in India largely though their unlisted 100 per cent subsidiaries and not through their publicly held Indian arms. The......

Pfizer to sell 3 plants

Pfizer, the world's largest drug maker, has embarked on a restructuring of its operations in India and will soon put three of its five manufacturing facilities on the block. It will also look at......

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