Don’t miss the latest developments in business and finance.

Eli Lilly Plans To Up R & D Spend By 25% This Fiscal

Image
Baburajan K BUSINESS STANDARD
Last Updated : Jan 28 2013 | 1:12 AM IST

US drug major Eli Lilly has drawn up a major blueprint for enhancing research and development (R&D) activities in India, and plans to augment the spend by 25 per cent during the current financial year.

Last fiscal, the transnational spent 10 per cent of Indian turnover towards R&D. This is much higher than the domestic drug majors

Also Read

First Published: Oct 22 2002 | 12:00 AM IST

Next Story