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What is Ranbaxy about?
Ranbaxy began as a family business in India in 1960 and grew to become a major pharmaceutical company through strategic R&D efforts and partnerships. In the 1990s, Eli Lilly sought to expand in Asia and formed a joint venture with Ranbaxy in India in 1993, with Lilly appointing the CEO and both companies agreeing to transfer shares. The partnership was successful due to the strong working relationship between the managing directors from each company.
- Author
- Sreekanth Sattiraju
- Language
- EN