Arab Today, arab today ranbaxy laboratories opens morocco unit
Last Updated : GMT 20:08:36
Arab Today, arab today
Arab Today, arab today

Ranbaxy Laboratories opens Morocco unit

Arab Today, arab today

Arab Today, arab today Ranbaxy Laboratories opens Morocco unit

Mumbai - Arabstoday

Ranbaxy Laboratories Ltd, India’s top drugmaker by sales, said its Moroccan unit has started functioning, giving it direct access to a $1 billion pharmaceuticals market. The unit, Ranbaxy’s third in Africa, will also help the company supply products to other north African countries in future, it said on Monday. Ranbaxy’s Africa sales rose 23 per cent to $189 million in 2011, it had said last month. The drugmaker, majority owned by Japan’s Daiichi Sankyo, has sales staff of about 1,000 in 44 African countries and makes drugs in Nigeria and South Africa.

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