The betapharm Acquisition: DRL's Inorganic Growth Strategy in Europe
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Case Code: BSTR249 Case Length: 19 Pages Period: 2002 - 2006 Pub Date: 2007 Teaching Note: Available |
Price: Rs.500 Organization: Dr. Reddy's Laboratories Ltd. Industry: Pharmaceutical Countries: Germany, Europe, India Themes: Business Strategy, Strategic Management, Mergers and Acquisitions |
Abstract Case Intro 1 Case Intro 2 Excerpts
Background Note
DRL was founded by Dr. Anji Reddy (Reddy) in 1984 in the South Indian city of Hyderabad. Reddy, who hailed from an agricultural family, had a keen interest in chemical engineering and obtained a doctorate in that discipline in 1969. He worked for a short while as a scientist with the state-owned pharmaceutical company, Indian Drugs and Pharmaceuticals Limited (IDPL), in its research and development division. Reddy was known for his entrepreneurship even before he established DRL. In fact, he was involved in founding and managing two companies, Uniloids Limited and Standard Organics Limited, during the period 1976 to 1984, prior to establishing DRL....
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