AMRI Acquires Manufacturing Facilities in India
Contract Pharma has an article on Albany Molecular purchasing manufacturing facilities in India.
AMRI Acquires Manufacturing Facilities in India - Contract Pharma
What is surprising to me is how little they paid for it; $11 million for these assets which earned $5 million in revenue last year!
It is interesting that some contract manufacturers are buying facilities in India to get access to cheap labor and that Indian companies are buying European and North American companies for name recognition and established clients.
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