Saturday, February 07, 2009

everybody loves piramal

feb 7th, 2009

with apologies to the american network tv show

http://www.bloomberg.com/apps/news?pid=20601080&sid=aLpOyeJfe7Os&refer=asia

glaxo, and now sanofi. everyone seems to want a share of the indian pharma pie. alas, this also means drug prices have skyrocketed in india after the WTO accession.

btw, glaxosmithkline pharma has done very well in a falling market last year. quite a star stock, this is. *and* it gives a decend dividend. the very epitome of the defensive stock.

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