News | March 11, 2025
Syngene acquires first US biologics facility for $36.5 million
Overall investment in the US facility is estimated around US$50 million
Overall investment in the US facility is estimated around US$50 million
Transform healthcare by integrating expertise from AI, clinical sciences, and basic sciences to harness India’s extensive data sets for improving the access to healthcare
However, PAT growth will be lower than operating profit growth mainly due to brand amortization expenditure on account of acquisition.
Specialty Chemicals grew 38% YoY for FY23
The Survey highlighted that Indian pharmaceutical exports achieved a healthy growth of 24 per cent in FY21 and expressed hope that India’s domestic pharmaceutical market is estimated to grow to US $65 billion by 2024 from estimated US $41 billion in 2021
TPE tubing is ideal for pharmaceutical bioprocessing applications because it can be welded to existing tubing lines, and heat-sealed to allow for easy, fast, and safe fluid transport in biopharma processes
Q2 FY23 business performance has been slow primarily due to lower volume offtake from pharmaceutical manufacturers
Srichakra receives European Food Safety approval for its food-grade recycled rPET
Acute therapies continue to report strong growth compared to chronic ones.
Emkay Research expects Q2FY22 to be a normalised quarter for pharma companies that it tracks. A summary of the report
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