Processing .....please wait.. 
The article has been forwarded.... 
Mexico wooing Indian pharma majors
By agencies
|
Wednesday, 16 March 2005, 20:30 IST
NEW DELHI:A Mexican mission is in India trying to lure Indian pharma companies to explore and invest in Mexico. The Mexican pharma mission, comprising 11-members is in India to meet officials of several drug majors such as Ranbaxy Laboratories, Cipla Ltd, Biocon and Wockhardt, besides top Government officials.
Rogelio Granguillhome, Mexican Ambassador to India, said the Mexican pharma industry would benefit by the expertise of the Indian generic players, who would be able to provide generic drugs at affordable costs. Mexico is a potential market of about $2 billion, and was also the gateway to the US and Canada.