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Dishman Pharma Approves Acquisition of UK Firm

March 11, 2005

Dishman Pharmaceuticals & Chemicals Ltd has said that the board of directors of the company at its meeting has approved strategic acquisition of a UK-based contract research company through its 100 percent wholly owned subsidiary (WOS) company namely Dishman Europe. The Managing Director J R Vyas has been empowered to negotiate and finalize the terms of the acquisition and execute the necessary documents in this regard.

India Infoline (http://www.indiainfoline.com/news/news.asp?dat=55390)