“The distinctive manufacturing capability at the Mexico site ... will provide a strong foundation to drive the next wave of growth.”

- G. V., Prasad, chief executive, Dr. Reddy's Laboratories Ltd., on the recent 59 mn agreement to acquire Swiss drug Maker F. Hoffmann-La Roche Ltd. “About 340 employees working in the plant in Cuernavaca, Mexico, will be transferred to the Indian company... With the acquisition, Reddy's plans to increase its capability in customized pharmaceutical services, or outsourced drug manufacturing and other related businesses” (Associated Press, 11/08/05).