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Ranbaxy to demerge its R
New Delhi, Jan 17 (UNI) Ranbaxy Laboratories Ltd today said it will spin off its R&D unit into a separate entity.
The company has now decided to demerge its 'New Drug Discovery Research Unit' into a separate entity and has deferred the decision for consideration at a specifically convened Board meeting in early February, 2008.
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Story first published: Thursday, January 17, 2008, 16:08 [IST]