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Expands healthcare information and analytics business
May 16, 2012
By: Tim Wright
Editor-in-Chief, Contract Pharma
Piramal Healthcare Ltd. will acquire Decision Resources Group (DRG), a U.S.-based healthcare information company, for approximately $635 million. DRG provides web-enabled research, predictive analytics via proprietary databases and consulting services to the global healthcare industry. Ajay Piramal, his namesake company’s chairman, said, “The global healthcare industry is facing several challenges including rising research costs, lower drug approval rates, mounting regulatory pressures and inc...
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