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Ranbaxy exits from Chinese joint venture

Ranbaxy Laboratories said on Tuesday it has sold its entire stake in Chinese joint venture, Ranbaxy Ghuangzhou China, to HNG Chembio Pharmacy Co Ltd for an undisclosed amount. Ranbaxy Ghuangzhou......

Ranbaxy to make China a major sourcing hub

Pharmaceuticals major Ranbaxy Laboratories plans to leverage the cost advantage of Chinese raw materials by making China its major active pharmaceutical ingredientsourcing hub. The company, which......

Ranbaxy plans to turn around China JV soon

Ranbaxy Laboratories hopes to turnaround its ailing operations in China within a year after restructuring its business strategy.Ranbaxy has a presence in China through a joint venture, Ranbaxy......

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