Merck & Co and Sun Pharma part company on branded generics

15 February 2016

US pharma giant Merck & Co (NYSE: MRK) and India'sSun Pharmaceutical (BSE: 524715) have called time on a joint venture to develop and market branded generics for emerging markets.

The mutual decision comes almost five years after they joined forces and is down to changes in the strategic priorities of both the parent companies.

Sun's managing director Dilip Shangvi said investment in the venture was not significant and had been factored into the company's financials over time.

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