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Pharma Sector Rides Consolidation Wave

June 6, 2005

As the impact of WTO kicks in, Indian pharma players are learning to collaborate and consolidate to grow. If the industry is to be believed, the Matrix-Strides merger is only the beginning of the shakeout that the pharma sector is set to witness over the next few years. Though this is the first big merger in the post-patent era, over the last one year, mid-cap pharma companies have been particularly aggressive in forging global alliances, buying brands and investing in international companies and joint ventures.

()a href="http://www.financialexpress.com/fe_full_story.php?content_id=92869" target="_blank">The Financial Express