i Develop Stocks Advisory: Ranbaxy sees $100 mn revenue from South Africa ops in 2010

Thursday, June 3, 2010

Ranbaxy sees $100 mn revenue from South Africa ops in 2010

Indian drugmaker Ranbaxy expects $100 million in revenue from its South African operations in 2010, the firm's chief executive said on Thursday.

The company, majority owned by Japan's Daiichi Sankyo, had revenue of about $75 million from its South African operations in 2009, Atul Sobti said.

The company will begin manufacturing operations soon in South Africa, which is one of its top-five markets, he said.

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Thursday, June 3, 2010

Ranbaxy sees $100 mn revenue from South Africa ops in 2010

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