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Cipla eyes inorganic partnerships, acquisitions in US
Cipla MD and CEO Umang Vohra said that "derisking our top launches remains our top priority" as the company focuses on resolving regulatory issues at various manufacturing plants.
Mumbai: Drug major Cipla is eyeing acquisitions and inorganic partnerships in the US market while consolidating its presence across segments in the domestic market. The Mumbai-based company is also looking to improve the top line in Europe and margin expansion in South Africa."Product launches through delisting strategy and as well as inorganic partnerships and acquisitions will remain one of...
Mumbai: Drug major Cipla is eyeing acquisitions and inorganic partnerships in the US market while consolidating its presence across segments in the domestic market. The Mumbai-based company is also looking to improve the top line in Europe and margin expansion in South Africa.
Read also: Cipla subsidiaries incorporate wholly owned subsidiary in Mexico
Original news source: https://www.ptinews.com/story/business/cipla-eyes-acquisitions-inorganic-partnerships-in-us-market/1265027
Ruchika Sharma joined Medical Dialogue as an Desk Editor for the Business Section in 2019. She covers all the updates in the Pharmaceutical field, Policy, Insurance, Business Healthcare, Medical News, Health News, Pharma News, Healthcare and Investment. She has completed her B.Com from Delhi University and then pursued postgraduation in M.Com. She can be contacted at editorial@medicaldialogues.in Contact no. 011-43720751