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Jubilant Pharma to remain integral to group post reorganisation: SnP
Singapore: S&P Global Ratings said on Tuesday that Jubilant Pharma Ltd will remain integral to the broader group even after its proposed reorganisation.Although the demerger of its active pharmaceutical ingredients (API) business will reduce Jubilant Pharma's revenues by about 10 per cent, the company still has sizable cash flows for debt servicing.Moreover, said S&P, the assessment...
Singapore: S&P Global Ratings said on Tuesday that Jubilant Pharma Ltd will remain integral to the broader group even after its proposed reorganisation.
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