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Ranbaxy, Orchid enter into strategic alliance

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  • Published On: April 22, 2008
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Two Indian pharma majors have entered into an agreement "to leverage the inherent strengths of each other", it was announced on Tuesday.The Gurgaon-based Ranbaxy Laboratories and Chennai's Orchid Chemicals and Pharmaceuticals are to establish a framework for enhanced cooperation, according to information filed with the Bombay Stock Exchange (BSE).
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