In business news, the world's second largest generic pharma company Sandoz was reported to be in talks to take over which YK Hamied-promoted domestic pharmaceutical company?

Difficulty: Medium

Correct Answer: Cipla

Explanation:


Introduction / Context:
This question tests detailed corporate awareness in the pharmaceutical sector. Sandoz is a well known global generic pharmaceutical company. YK Hamied is a prominent figure in the Indian pharmaceutical industry and is strongly associated with a particular company. Exam-oriented GK sometimes asks which domestic company promoted by YK Hamied was reportedly in talks for a possible takeover by Sandoz, according to business news reports.


Given Data / Assumptions:

  • Sandoz: world level generic pharma company.
  • YK Hamied: Indian pharma promoter.
  • Options: Cipla, Wockhardt, Hamdard, Sun Pharma.
  • The question is based on well circulated business news and GK sources.


Concept / Approach:
The core concept is matching a well known promoter with the right pharmaceutical company. YK Hamied is widely recognised as the long time chairman and leading figure behind Cipla, which is one of India's major pharma companies. The approach is:

  • Identify which company is associated with YK Hamied.
  • Recall that earlier business reports mentioned potential talks between Sandoz and this company.
  • Use that association to pick the correct option.


Step-by-Step Solution:
Step 1: Recall that YK Hamied is the name most closely linked with Cipla in India's pharmaceutical history. Step 2: Recognise that Cipla has been a major player in generic medicines and has attracted global attention, including possible acquisition interest. Step 3: Wockhardt and Sun Pharma are significant pharma companies but are not primarily identified with YK Hamied. Step 4: Hamdard is associated with Unani and herbal products rather than being the YK Hamied-promoted generics giant. Step 5: Since YK Hamied is strongly associated with Cipla, we select Cipla as the domestic company that Sandoz was reported to be in talks with.


Verification / Alternative check:
Corporate profiles, biographies, and industry articles consistently identify YK Hamied with Cipla. Many business awareness question banks reproduce this question and list Cipla as the correct answer. This repeated association across multiple sources acts as a reliable check.


Why Other Options Are Wrong:
Wockhardt: A large Indian pharma firm, but it is not promoted by YK Hamied according to standard references. Hamdard: Known for herbal and Unani preparations and not connected to YK Hamied or Sandoz takeover discussions in this context. Sun Pharma: A leading pharma company promoted by Dilip Shanghvi, not by YK Hamied.


Common Pitfalls:
Students who are not familiar with individuals in the pharma sector might guess based on brand familiarity and pick Sun Pharma or Wockhardt. The key is to study not only company names but also their founding or leading personalities. Remembering the pair \"YK Hamied – Cipla\" is particularly useful for many business awareness questions related to Indian pharmaceuticals.


Final Answer:
The YK Hamied-promoted domestic pharmaceutical company mentioned in connection with possible Sandoz takeover talks is Cipla.

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