Biocon eyes acquisition by March '08
New
Delhi,
Dec
3:
Biocon
Ltd,
country's
fully
integrated
healthcare
company,
plans
to
acquire
a
firm
by
the
end
of
the
current
financial
year
to
boost
its
business
in
overseas
markets.
''We are looking at US, Europe and some of the emerging markets,'' company's Chairman Kiran Mazumdar-Shaw told reporters at India Economic Summit jointly organised by the World Economic Forum and CII here today.
The Bangalore-based firm has six pharmaceutical products in its discovery pipeline, and that Biocon plans to launch insulin in Europe in the next 18 to 24 months, she said.
UNI
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Story first published: Monday, December 3, 2007, 14:37 [IST]