Which of the following companies took over Ranbaxy Laboratories in 2014?
-
Cipla
-
Sun Pharma
-
Lupin
-
Cadila Health
B
Correct answer
Explanation
Sun Pharmaceutical Industries acquired Ranbaxy Laboratories in 2014 for approximately $4 billion. This was one of the largest pharmaceutical acquisitions in India's history. The acquisition was completed after facing various regulatory hurdles, including issues with Ranbaxy's manufacturing practices flagged by the US FDA.