Wockhardt buys Morton Grove for $38 mn
Indian drug maker Wockhardt recently acquired US-based speciality drugs company Morton Grove Pharmaceuticals, which has annual sales of $52 million.
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Wockhardt plans to triple revenue from US market
Pharma major Wockhardt is planning to triple or quadruple the company
Wockhardt’s target: $1 billion sales next fiscal
Pharmaceutical manufacturer Wockhardt is expecting a $600 million (INR 2400 crore approx) turnover in 2007-08. By 2008-09, the company envisages a turnover of $1 billion.
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