Daiichi Sankyo plans to double profits in next three year, with focus on developing Ranbaxy unit

15 March 2010

Japanese drug major Daiichi Sankyo, which has 64% control of Ranbaxy, India's largest pharmaceutical by global sales, revealed in its second mid-term business plans that it aims to nearly double its operating profit and increase revenue by 20% in three years, as well as expecting an 80% increase in the Indian unit's income over the next two years.

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