Tuesday, April 28, 2009

Ranbaxy sees $150 mn loss in 2009

NEW DELHI: Ranbaxy Laboratories Ltd said on Friday that it anticipates a loss of $150 million on sales of $1.4 billion in the year ending December

2009. Ranbaxy, in which Japan's Daiichi Sankyo owns about 64 percent, had posted a net loss of $187 million in 2008.

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