Biocon is also probably top 10 biologics company in the world.
Biologics is complicated tech. It takes years & years to research and get a new drug out. Even if you are talking about biosimilars (which are the biologics equivalent of a generic drug), it takes 3 to 5 years to create a biosimilar of an existing biologic drug.
@bbarb Now, to boost domestic manufacturing of active pharmaceutical ingredients, the Indian government is providing a lot of incentives to the pharma sector. We can see positive growth in several companies after that. There is a chance that even the underperforming stocks will rise significantly. Read more here: https://investorq.com/question/how-...s-given-by-modi-government-for-pharma-sector-
@bbarb This is probably a dumb question, but it's an honest one - can pharmaceutical companies really care about your health when their revenue is contingent upon you being ill?
@bbarb Excellent work, thanks much for sharing. Whats your take on marksans pharma - started off as subsidiary to Glenmark, and it was beaten down until recently..thanks