Multiple choice

Daiichi Sanyo which has taken a major stake in India's Pharma company Ranbaxy is a firm based in ____

  1. China

  2. South Korea

  3. North Korea

  4. Japan

  5. USA
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Daiichi Sankyo is a Japanese pharmaceutical company that acquired a majority stake in Ranbaxy Laboratories in 2008. This was one of the largest foreign acquisitions in the Indian pharmaceutical sector at that time. Daiichi Sankyo is headquartered in Tokyo, Japan. The acquisition was valued at approximately $4.6 billion.

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