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(From India Business Insight)
Nicholas Piramal India Ltd is a leading pharmaceutical company that came into being after the Piramal Group had taken over Nicholas Laboratories in 1988.
Nicholas Piramal India had undergone several acquisitions and mergers, thereby emerging as one of the leaders in the health care business.
In 1993, the company acquired Roche Products Ltd, Boehringer Mannheim India Ltd in 1996, Hoechst Marion Roussel's Research and Development Centre at Mulund, Mumbai in 1998, Rhone-Poulenc India Ltd in 2000 and in 2002 it acquired ICI Pharmaceutical. These acquisitions have aided Nicholas Piramal in augmenting its product portfolio …