January 19, 2009 / 2:13 AM / 10 years ago

Daiichi Sankyo to bid for 20 pct of Ranbaxy's Zenotech

TOKYO, Jan 19 (Reuters) - Japanese drugmaker Daiichi Sankyo (4568.T) said on Monday it would bid for a 20 percent stake in Zenotech Laboratories (ZENL.BO), a unit of Indian generic drugmaker Ranbaxy Laboratories RANB.BO.

Daiichi Sankyo acquired a 63.9 percent stake in Ranbaxy last year. (Reporting by Taiga Uranaka)

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