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Mylan Cautiously Optimistic About India Market Following Approval Of Agila Acquisition

 
• By Vikas Dandekar

The global generics giant hopes to take a quantum leap in its business prospects. But Mylan remains cautious about striking business deals in India in the wake of changing pricing and policy dynamics.

MUMBAI – Mylan NV President Rajiv Malik is in a sweet spot. The $6.8 billion Pittsburgh-headquartered generics drug maker is nearing windfall gains arising from a few hard-pursued programs. For one, the Indian government gave the green light to its $1.6 billion acquisition of Agila Specialties Pvt. Ltd. after looming doubts it would be approved.

Once integrated, Mylan hopes to gain a significant lead in the global injectables market via Agila’s pipeline of products (

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