The risk to watch is the execution in the field biologics and the pending regulatory approvals
Beyond contract research, another trend to watch for Syngene is the pick-up in contract manufacturing business in biologics and APIs
Manchanda said he would like to hear from the management with regard to the distribution of the proceeds of the deal. If Claris' management decides to delist the company, it may opt for a share buyback as dividend payout involves distribution tax, he added.
Specialty pharmaceuticals firm Eurolife Healthcare has entered into an agreement to acquire Baxter India's form-fill-seal (FFS) infusion business for an undisclosed amount.
Biocon R&D team is working on the second phase of the development of oral insulin, and Kiran Mazumdar-Shaw, Chairman & MD, Biocon, hopes that it becomes an approved product in the next 2-3 years.