India's Dr. Reddy's has bought Betapharm for over $570 million (cash). Ranbaxy had also bid for the company, as we'd learned earlier this week.
Dr. Reddy's Laboratories, Ltd., India's third largest drug company, manufacturers both generic and branded drugs, as well as APIs and diagnostics, and is clearly becoming a force to reckon with in the global pharmaceutical industry. For more insights, read this brief profile of the company's founder, Dr. Anji Reddy.
As his and other Indian companies diversify and globalize, there is a good chance that your next job may be with an Indian company---and not necessarily in Mumbai but in the U.S., Canada, South America, or wherever you live.
In the U.S., Ranbaxy is looking for a few good people, mainly in New Jersey; Dr. Reddy's has two openings. For those of you with engineering and IT backgrounds, Tata Consultancy Services, a company that appears to be bridging the gap between process plant automation and IT consulting, is expanding rapidly, and also in hiring mode.
-AMS
