For the last ten financial years, the company has posted healthy performance with its revenue from operations growing at 15% CAGR and net profit at 23% CAGR
Sud has more than 32 years of work experience with different companies like Clivient, Jubilant Life Sciences, Piramal Enterprises, Parabolic Drugs, Orchid Chemicals and Pharmaceuticals, Ranbaxy Labs, and Lupin
The company plans to execute both these tenders at their API manufacturing unit located at Savli, Gujarat, India.
The expansion positions Cambrex with the largest and most advanced API facility in the United States
Technology adoption helped the industry to sail through Covid-19 disruption as it understood the need to digitize, learn, and excel
The brand is now available pan-India through their distribution partner
The company has also started working with a large pharma company on the API supply of a recently launched animal and human health product
Key takeaways of recent quarter & conference call highlights
They enter into exclusive negotiations in a new drive to create a technology-driven leader for complex small molecules and ADCs of global scale
The Bidar API manufacturing facility of Sai Life Sciences has been on a path of significant expansion with its production capacity growing from 200KL in 2017 to 450KL
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