--- title: "Meaning & Key Takeaway of: In pharma, we continuously look for…" description: "\"In pharma, we continuously look for acquisitions... if it makes strategic sense and if there is any value.\" — Ajay Piramal" image: "https://sms4smile.com/quotes/i/986/ajay-piramal-10485_acquisitions_in-pharma-we-continuously-look-for-acqui_1539437.jpg" --- # In pharma, we continuously look for acquisitions... if it… ![“In pharma, we continuously look for acquisitions... if it makes strategic sense and if there is any value.” quote by Ajay Piramal](https://sms4smile.com/quotes/i/986/ajay-piramal-10485_acquisitions_in-pharma-we-continuously-look-for-acqui_1539437.jpg) [Download](https://sms4smile.com/quotes/i/986/ajay-piramal-10485_acquisitions_in-pharma-we-continuously-look-for-acqui_1539437.jpg) [Open image](https://sms4smile.com/quotes/i/986/ajay-piramal-10485_acquisitions_in-pharma-we-continuously-look-for-acqui_1539437.jpg) > “In pharma, we continuously look for acquisitions... if it makes strategic sense and if there is any value.” [Ajay Piramal](https://sms4smile.com/quotes/author/ajay-piramal/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Acquisitions are pursued only when they align strategically and add measurable value. **In simple terms:** Buy only if it fits strategy and adds value. Key Takeaway Evaluate strategic fit and value before acquiring. Themes business strategy growth valuation Mood analytical pragmatic Type business strategic When to use this quote - expanding product lines - entering new markets - diversification - risk management Key Concepts M&A strategic planning corporate finance Questions to Reflect On - What criteria define strategic sense for you? - How do you assess long‑term value? A Different Perspective Overemphasis on growth can ignore cultural integration challenges. ★ ★ ★ ★ ★ No ratings yet [Acquisitions](https://sms4smile.com/quotes/about/acquisitions/) [Value](https://sms4smile.com/quotes/about/value/) ## Related quotes > [In the pharma space, we have been growing both organically as well as through acquisitions.](https://sms4smile.com/quotes/ajay-piramal/in-the-pharma-space-we-have-been-growing-both-organically-as-well-as/) [Ajay Piramal](https://sms4smile.com/quotes/author/ajay-piramal/) > [Today we're focused on small acquisitions to add technology where necessary. I think it's fair to say we're not out looking for a large…](https://sms4smile.com/quotes/sanjay-kumar/today-we-re-focused-on-small-acquisitions-to-add-technology-where/) [Sanjay Kumar](https://sms4smile.com/quotes/author/sanjay-kumar/) > [We continue to see acquisitions as an opportunity area for us. It's one of the tools that we use to grow.](https://sms4smile.com/quotes/dennis-muilenburg/we-continue-to-see-acquisitions-as-an-opportunity-area-for-us-it-s/) [Dennis Muilenburg](https://sms4smile.com/quotes/author/dennis-muilenburg/) > [The ways PE firms are making serial acquisitions, each individual acquisition is under the radar, but in aggregate they roll up the whole market.](https://sms4smile.com/quotes/lina-khan/the-ways-pe-firms-are-making-serial-acquisitions-each-individual/) [Lina Khan](https://sms4smile.com/quotes/author/lina-khan/) > [“Up 5.15 a.m. thinking, packpackpack. I appear to have accumulated more things. How did this happen? I haven't shopped. Think my bath oils have…](https://sms4smile.com/quotes/emma-thompson/up-5-15-a-m-thinking-packpackpack-i-appear-to-have-accumulated-more/) [Emma Thompson](https://sms4smile.com/quotes/author/emma-thompson/) > [We are quite open, however, to looking at acquisitions and there are opportunities that we periodically consider. and I think that may be something…](https://sms4smile.com/quotes/david-milne/we-are-quite-open-however-to-looking-at-acquisitions-and-there-are/) [David Milne](https://sms4smile.com/quotes/author/david-milne/) > [At most corporations if you make an acquisition and it turns out to be a disaster, all the paperwork and presentations that caused the…](https://sms4smile.com/quotes/charlie-munger/at-most-corporations-if-you-make-an-acquisition-and-it-turns-out-to/) [Charlie Munger](https://sms4smile.com/quotes/author/charlie-munger/) > [Acquisitions have contributed only to 20% of MindTree's growth and 80% has come through the organic engine. Many large acquisition proposals have been turned…](https://sms4smile.com/quotes/ashok-soota/acquisitions-have-contributed-only-to-20-of-mindtree-s-growth-and-80/) [Ashok Soota](https://sms4smile.com/quotes/author/ashok-soota/) > [We are reluctant to do these bigger acquisitions that are then integrated, especially if they are committed to a certain product that they want…](https://sms4smile.com/quotes/tobias-lutke/we-are-reluctant-to-do-these-bigger-acquisitions-that-are-then/) [Tobias Lutke](https://sms4smile.com/quotes/author/tobias-lutke/) > [I think we've been an agent for change, everywhere, and I think change frightens people. They're going nicely in what seems like a settled…](https://sms4smile.com/quotes/rupert-murdoch/i-think-we-ve-been-an-agent-for-change-everywhere-and-i-think-change/) [Rupert Murdoch](https://sms4smile.com/quotes/author/rupert-murdoch/) > [We have continued to advance our global ambition with acquisitions that fill in the global footprint, such as Dabo in Dubai on the marketing…](https://sms4smile.com/quotes/richard-edelman/we-have-continued-to-advance-our-global-ambition-with-acquisitions/) [Richard Edelman](https://sms4smile.com/quotes/author/richard-edelman/) > [Innovation has its limits, of course, and Salesforce has proved adept at supplementing its growth with acquisitions, a tool long available to older rivals…](https://sms4smile.com/quotes/adam-lashinsky/innovation-has-its-limits-of-course-and-salesforce-has-proved-adept/) [Adam Lashinsky](https://sms4smile.com/quotes/author/adam-lashinsky/) > [Business development is a part of M&A - we identify signals in the market, whether its trends or disruptive technology, and bring them back…](https://sms4smile.com/quotes/peggy-johnson/business-development-is-a-part-of-m-a-we-identify-signals-in-the/) [Peggy Johnson](https://sms4smile.com/quotes/author/peggy-johnson/) > [In the technology markets, we went through a couple of decades where we saw over 800 acquisitions by the five big players, not a…](https://sms4smile.com/quotes/lina-khan/in-the-technology-markets-we-went-through-a-couple-of-decades-where/) [Lina Khan](https://sms4smile.com/quotes/author/lina-khan/) > [Wal-Mart does not do big mergers, though it will buy much smaller competitors in so-called 'tuck-in acquisitions.'](https://sms4smile.com/quotes/alex-berenson/wal-mart-does-not-do-big-mergers-though-it-will-buy-much-smaller/) [Alex Berenson](https://sms4smile.com/quotes/author/alex-berenson/) ## More by Ajay Piramal > [Spirituality permeates all aspects of your life and business is just one part of your life.](https://sms4smile.com/quotes/ajay-piramal/spirituality-permeates-all-aspects-of-your-life-and-business-is-just/) [Ajay Piramal](https://sms4smile.com/quotes/author/ajay-piramal/) > [We will follow in letter and spirit whatever the RBI rules and guidelines are - whether at the holding company level or individual company…](https://sms4smile.com/quotes/ajay-piramal/we-will-follow-in-letter-and-spirit-whatever-the-rbi-rules-and/) [Ajay Piramal](https://sms4smile.com/quotes/author/ajay-piramal/) > [Horses and dogs were part of my growing up years.](https://sms4smile.com/quotes/ajay-piramal/horses-and-dogs-were-part-of-my-growing-up-years/) [Ajay Piramal](https://sms4smile.com/quotes/author/ajay-piramal/) > [We have been successful in buying and selling companies because we have a reputation of fulfilling deal terms in letter and spirit.](https://sms4smile.com/quotes/ajay-piramal/we-have-been-successful-in-buying-and-selling-companies-because-we/) [Ajay Piramal](https://sms4smile.com/quotes/author/ajay-piramal/) > [I think public sector banks need to have greater private participation of people who have skin in the game.](https://sms4smile.com/quotes/ajay-piramal/i-think-public-sector-banks-need-to-have-greater-private/) [Ajay Piramal](https://sms4smile.com/quotes/author/ajay-piramal/) > [Leadership is more than just managing economic reforms. Leadership means giving broad direction, take up challenges which other people cannot do.](https://sms4smile.com/quotes/ajay-piramal/leadership-is-more-than-just-managing-economic-reforms-leadership/) [Ajay Piramal](https://sms4smile.com/quotes/author/ajay-piramal/) > [We always set ambitious goals in our group, and I have found that if you set your mind to it, you can do it…](https://sms4smile.com/quotes/ajay-piramal/we-always-set-ambitious-goals-in-our-group-and-i-have-found-that-if/) [Ajay Piramal](https://sms4smile.com/quotes/author/ajay-piramal/) > [Buying a house is not an overnight decision, and people can wait for 3 to 6 months.](https://sms4smile.com/quotes/ajay-piramal/buying-a-house-is-not-an-overnight-decision-and-people-can-wait-for-3/) [Ajay Piramal](https://sms4smile.com/quotes/author/ajay-piramal/) > [Many people say that in a liberalised world there is little for the government to do, but the fact is that there is much…](https://sms4smile.com/quotes/ajay-piramal/many-people-say-that-in-a-liberalised-world-there-is-little-for-the/) [Ajay Piramal](https://sms4smile.com/quotes/author/ajay-piramal/) > [We have a unique culture.](https://sms4smile.com/quotes/ajay-piramal/we-have-a-unique-culture/) [Ajay Piramal](https://sms4smile.com/quotes/author/ajay-piramal/) > [We take dispassionate view of our investments. Does it mean that we are looking out to monetise the investment? That is not correct. But…](https://sms4smile.com/quotes/ajay-piramal/we-take-dispassionate-view-of-our-investments-does-it-mean-that-we/) [Ajay Piramal](https://sms4smile.com/quotes/author/ajay-piramal/) > [I think my greatest virtue is that I have the courage to take tough decisions. As for my greatest fault, I guess I should…](https://sms4smile.com/quotes/ajay-piramal/i-think-my-greatest-virtue-is-that-i-have-the-courage-to-take-tough/) [Ajay Piramal](https://sms4smile.com/quotes/author/ajay-piramal/) > [We are a very systems- and process- driven business which reports directly to the board, whether it is risk or legal.](https://sms4smile.com/quotes/ajay-piramal/we-are-a-very-systems-and-process-driven-business-which-reports/) [Ajay Piramal](https://sms4smile.com/quotes/author/ajay-piramal/) > [Disabilities and misfortune can make you stronger.](https://sms4smile.com/quotes/ajay-piramal/disabilities-and-misfortune-can-make-you-stronger/) [Ajay Piramal](https://sms4smile.com/quotes/author/ajay-piramal/) > [In life, there are always intense battles, and yet we must practise the lessons from the Gita.](https://sms4smile.com/quotes/ajay-piramal/in-life-there-are-always-intense-battles-and-yet-we-must-practise-the/) [Ajay Piramal](https://sms4smile.com/quotes/author/ajay-piramal/) [Explore all 65 Ajay Piramal quotes ](https://sms4smile.com/quotes/author/ajay-piramal/) ## More Acquisitions quotes > [Wal-Mart does not do big mergers, though it will buy much smaller competitors in so-called 'tuck-in acquisitions.'](https://sms4smile.com/quotes/alex-berenson/wal-mart-does-not-do-big-mergers-though-it-will-buy-much-smaller/) [Alex Berenson](https://sms4smile.com/quotes/author/alex-berenson/) > [In the technology markets, we went through a couple of decades where we saw over 800 acquisitions by the five big players, not a…](https://sms4smile.com/quotes/lina-khan/in-the-technology-markets-we-went-through-a-couple-of-decades-where/) [Lina Khan](https://sms4smile.com/quotes/author/lina-khan/) > [Business development is a part of M&A - we identify signals in the market, whether its trends or disruptive technology, and bring them back…](https://sms4smile.com/quotes/peggy-johnson/business-development-is-a-part-of-m-a-we-identify-signals-in-the/) [Peggy Johnson](https://sms4smile.com/quotes/author/peggy-johnson/) > [Innovation has its limits, of course, and Salesforce has proved adept at supplementing its growth with acquisitions, a tool long available to older rivals…](https://sms4smile.com/quotes/adam-lashinsky/innovation-has-its-limits-of-course-and-salesforce-has-proved-adept/) [Adam Lashinsky](https://sms4smile.com/quotes/author/adam-lashinsky/) > [We have continued to advance our global ambition with acquisitions that fill in the global footprint, such as Dabo in Dubai on the marketing…](https://sms4smile.com/quotes/richard-edelman/we-have-continued-to-advance-our-global-ambition-with-acquisitions/) [Richard Edelman](https://sms4smile.com/quotes/author/richard-edelman/) > [I think we've been an agent for change, everywhere, and I think change frightens people. They're going nicely in what seems like a settled…](https://sms4smile.com/quotes/rupert-murdoch/i-think-we-ve-been-an-agent-for-change-everywhere-and-i-think-change/) [Rupert Murdoch](https://sms4smile.com/quotes/author/rupert-murdoch/) > [We are reluctant to do these bigger acquisitions that are then integrated, especially if they are committed to a certain product that they want…](https://sms4smile.com/quotes/tobias-lutke/we-are-reluctant-to-do-these-bigger-acquisitions-that-are-then/) [Tobias Lutke](https://sms4smile.com/quotes/author/tobias-lutke/) > [Acquisitions have contributed only to 20% of MindTree's growth and 80% has come through the organic engine. Many large acquisition proposals have been turned…](https://sms4smile.com/quotes/ashok-soota/acquisitions-have-contributed-only-to-20-of-mindtree-s-growth-and-80/) [Ashok Soota](https://sms4smile.com/quotes/author/ashok-soota/) > [At most corporations if you make an acquisition and it turns out to be a disaster, all the paperwork and presentations that caused the…](https://sms4smile.com/quotes/charlie-munger/at-most-corporations-if-you-make-an-acquisition-and-it-turns-out-to/) [Charlie Munger](https://sms4smile.com/quotes/author/charlie-munger/) > [We are quite open, however, to looking at acquisitions and there are opportunities that we periodically consider. and I think that may be something…](https://sms4smile.com/quotes/david-milne/we-are-quite-open-however-to-looking-at-acquisitions-and-there-are/) [David Milne](https://sms4smile.com/quotes/author/david-milne/) > [“Up 5.15 a.m. thinking, packpackpack. I appear to have accumulated more things. How did this happen? I haven't shopped. Think my bath oils have…](https://sms4smile.com/quotes/emma-thompson/up-5-15-a-m-thinking-packpackpack-i-appear-to-have-accumulated-more/) [Emma Thompson](https://sms4smile.com/quotes/author/emma-thompson/) > [The ways PE firms are making serial acquisitions, each individual acquisition is under the radar, but in aggregate they roll up the whole market.](https://sms4smile.com/quotes/lina-khan/the-ways-pe-firms-are-making-serial-acquisitions-each-individual/) [Lina Khan](https://sms4smile.com/quotes/author/lina-khan/) > [We continue to see acquisitions as an opportunity area for us. It's one of the tools that we use to grow.](https://sms4smile.com/quotes/dennis-muilenburg/we-continue-to-see-acquisitions-as-an-opportunity-area-for-us-it-s/) [Dennis Muilenburg](https://sms4smile.com/quotes/author/dennis-muilenburg/) > [Today we're focused on small acquisitions to add technology where necessary. I think it's fair to say we're not out looking for a large…](https://sms4smile.com/quotes/sanjay-kumar/today-we-re-focused-on-small-acquisitions-to-add-technology-where/) [Sanjay Kumar](https://sms4smile.com/quotes/author/sanjay-kumar/) > [Mergers and acquisitions, we are always looking for that.](https://sms4smile.com/quotes/john-l-flannery/mergers-and-acquisitions-we-are-always-looking-for-that/) [John L. Flannery](https://sms4smile.com/quotes/author/john-l-flannery/) [Browse all 34 Acquisitions quotes ](https://sms4smile.com/quotes/about/acquisitions/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "In pharma, we continuously look for acquisitions... if it makes strategic sense and if there is any value.", "creator": { "@type": "Person", "name": "Ajay Piramal" }, "isPartOf": { "@id": "https://sms4smile.com/quotes/#website" }, "url": "https://sms4smile.com/quotes/ajay-piramal/in-pharma-we-continuously-look-for-acquisitions-if-it-makes-strategic/", "about": { "@type": "Thing", "name": "Acquisitions" }, "@id": "https://sms4smile.com/quotes/ajay-piramal/in-pharma-we-continuously-look-for-acquisitions-if-it-makes-strategic/#quotation", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/986/ajay-piramal-10485_acquisitions_in-pharma-we-continuously-look-for-acqui_1539437.jpg", "contentUrl": "https://sms4smile.com/quotes/i/986/ajay-piramal-10485_acquisitions_in-pharma-we-continuously-look-for-acqui_1539437.jpg", "url": "https://sms4smile.com/quotes/i/986/ajay-piramal-10485_acquisitions_in-pharma-we-continuously-look-for-acqui_1539437.jpg", "width": 1080, "height": 1080, "caption": "“In pharma, we continuously look for acquisitions... if it makes strategic sense and if there is any value.” — Ajay Piramal", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } }, { "@type": "BreadcrumbList", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://sms4smile.com/" }, { "@type": "ListItem", "position": 2, "name": "Quotes", "item": "https://sms4smile.com/quotes/" }, { "@type": "ListItem", "position": 3, "name": "Ajay Piramal", "item": "https://sms4smile.com/quotes/author/ajay-piramal/" }, { "@type": "ListItem", "position": 4, "name": "In pharma, we continuously look for...", "item": "https://sms4smile.com/quotes/ajay-piramal/in-pharma-we-continuously-look-for-acquisitions-if-it-makes-strategic/" } ], "@id": "https://sms4smile.com/quotes/ajay-piramal/in-pharma-we-continuously-look-for-acquisitions-if-it-makes-strategic/#breadcrumb" }, { "@type": "WebSite", "@id": "https://sms4smile.com/quotes/#website", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "publisher": { "@id": "https://sms4smile.com/quotes/#organization" } }, { "@type": "Organization", "@id": "https://sms4smile.com/quotes/#organization", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "logo": { "@type": "ImageObject", "url": "https://sms4smile.com/quotes/wp-content/themes/sq/assets/icons/icon-512.png", "width": 512, "height": 512 } } ] } ```