Cipla’s US recovery, biosimilar pipeline key to future growth prospects

Economic Times ·
Business Corporate India
India Business & Economy

Cipla's September-quarter earnings suffered due to a high base in its US business. The company reported sequential growth driven by its strong India business and branded prescription therapies. Recent approvals for respiratory products and a growing biosimilar pipeline bolster Cipla's optimism for future growth. Despite declining operating margins, the firm anticipates improvements supported by…

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