Watson Pharma seeking India acquisitions: report
By Mumbai Bureau:MUMBAI (MarketWatch) -- Watson Pharmaceuticals Inc. /quotes/comstock/13*!wpi/quotes/nls/wpi (WPI 48.84, +0.18, +0.37%) is looking to enter the Indian pharmaceutical market by acquiring a company in the country, the Mint reported Monday, citing Chief Executive Paul Bisaro.
"We made an entry into the European markets last year. Two other key markets on the radar are India and Russia now, and an acquisition is the route to enter this market," the report quoted Bisaro as saying.
The newspaper said the company plans to enter India in the next 18 months.
Dec 14, 2010