Sunday, May 06, 2007

Wal-Mart keen on sourcing generic drugs from India

Wal-Mart is reportedly in talks with several pharmacuetical companies to source generic drugs directly for stores globally. Industry sources say that Ranbaxy, Dr. Reddy’s Labs (DRL), Cipla, Lupin, Sun Pharma and several other small to mid-sized firms based in Bangalore, Chennai and Hyderabad are holding talks with Wal-Mart.

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