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Tag: european union

Weaker pound post Brexit vote hits Indian Pharma firms hard Feature

India's drug export industry players such as Sun Pharmaceutical Industries, Dr. Reddy's Laboratories ($DRREDDY) and Glenmark Pharmaceuticals among others took an estimated combined hit of as much as INR5 billion ($75 million) from the sharp fall in the British pound after a U.K. referendum told the country to leave the European Union--in what has become known as "Brexit."

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