Saturday, June 23, 2007

Five for fighting... in Europe!

“Arise, awake and stop not till the goal is reached.” That’s the motto of Habil F. Khorakiwala, Chairman, Wockhardt Limited, a leading pharmaceutical and healthcare major in India. And his motto is not confined to idealistic posturing. Harbouring skyhigh global ambitions to make Wockhardt the world’s largest, Khorakiwala is working fast and furiously to achieve his dream. Toward the same objective, on May 3, Wockhardt acquired Negma Laboratories (the fourth largest group in France with sales of $150 million), for a cash deal worth $265 million. With this, Wockhardt has automatically been elevated to the position of the largest Indian pharmaceutical company in the whole of Europe.

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Source : IIPM Editorial, 2006

An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative

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