Ranbaxy is being sold to Sun Pharma





































It looks like Daiichi Sankyo had enough of Ranbaxy's rubbish. Sun Pharma agreed to buy Ranbaxy. Sale should be complete by the end of the year.

http://www.fiercepharma.com/story/daiichi-sankyo-lays-out-road-map-ranbaxy-deal-sun/2014-04-11

Any truth to news that hordes of Ranbaxy people in IT, Quality, Operations, CD PMO are being let go in several Indian Ranbaxy sites, especially those in corporate roles in New Delhi?

Heard the CIO and the CD PMO Director were kicked out recently.
 






Any truth to news that hordes of Ranbaxy people in IT, Quality, Operations, CD PMO are being let go in several Indian Ranbaxy sites, especially those in corporate roles in New Delhi? Heard the CIO and the CD PMO Director were kicked out recently.

The Global CIO / CD PMO Head (Indian guy Ram R) was shown the door recently. was he any good with CD PMO?
 












Well as far as I know, it is a fraud and negligence case against Ranbaxy. It was filed in Collin county TX court. Ranbaxy was charged with $500 million by one of its partners for cheating, fraud and negligence. I will find out more details later today.