India's Mankind Pharma wants deals, sees FY domestic sales topping $700 mln

April 10, 2015 7:35 AM

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MUMBAI, April 10 (Reuters) - Mankind Pharmaceuticals Pvt Ltd, one of India's top-ten drugmakers by sales, is willing to spend up to 5 billion rupees ($80.30 million) to buy local rivals and is keen on licensing deals with foreign firms, a top official at the firm said.

The company is also exploring buying established brands to expand its domestic footprint, Managing Director Sheetal Arora told Reuters in a phone interview.

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