On the API front, how is the global demand scene looking in FY24-25?
API business is directly linked to the generics business. The generics business is expected to grow at a compound annual growth rate (CAGR) of 7 percent globally in the next four to five years. The segments we are focusing on are diabetes, oncology, and immunology. These are the areas that are growing faster than the overall generics market. We have niche products and glucagon-like peptide-1 (GLP-1) products that address a large opportunity in weight loss.
How big an opportunity do GLP-1 products have?
This story is from the February 12, 2024 edition of Business Standard.
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This story is from the February 12, 2024 edition of Business Standard.
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