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Abbott, Glaxo Bidding In India For Wockhardt's Nutrition Brands

This article was originally published in The Tan Sheet

Executive Summary

Abbott Laboratories and GlaxoSmithKline could be sizing up Indian firm Wockhardt's nutritionals business, with products including Protinex health supplements and Farex, Dexolac and Nusobee pediatric nutrition brands, as a cog for emerging market growth.

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Danone Buys Wockhardt's Nutrition Brands That Abbott Won Then Lost

After several months of discussions, debt-laden Indian drug maker Wockhardt Ltd. managed to sell its growing nutritional business to French food giant Group Danone for a reported $354 million

Danone Buys Wockhardt's Nutrition Brands That Abbott Won Then Lost

After several months of discussions, debt-laden Indian drug maker Wockhardt Ltd. managed to sell its growing nutritional business to French food giant Group Danone for a reported $354 million

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