Transitional opportunity due to Revlimid helped this quarter, though remaining quarters may not witness a similar contribution. Hence, margins are likely to moderate.
Annual sales traction from Revlimid is decent and it is likely to stay so till 2026. The management is also positive about the product pipeline
Management is aiming for a single-digit growth in the US market for FY24 on the back of launches from the Moraiya facility.
The US and domestic formulation businesses help the pharma company to do well in Q3
The new vaccine cuts short the duration of treatment and saves lives by making compliance easier.
Valuation reasonable on the back of traction in branded business
Cadila Pharmaceuticals said it has launched a drug for the treatment of high LDL-cholesterol or bad cholesterol which can lead to serious life-threatening heart complications due to blockage in blood vessels.
The Moraiya plant’s pending USFDA approval is crucial for Cadila’s US ambition
For a longer term play, Cadila has a promising pipeline for NCEs (New chemical entities), biosimilars and injectables
Cadila's India presence -- at about 45 per cent of sales -- is similar in size as the US business and provides better cash-flow visibility
In terms of Fauci’s estimated threshold (70 percent) for herd immunity, India might reach that goal by mid-November.
Dr Reddy’s, Gland Pharma, Strides, Cadila, Aurobindo are some of the names that merit a close watch as operating leverage plays out
COVID opportunity and traction in complex pharma pipeline are big positives for Cadila
With the second Covid ‘Wave’ already surpassing the daily highs recorded in the month of September 2020 of about 95000, the demand for vaccines, critical medical equipment like vaccines, oxygen cylinders and ventilators have increased manifold. Watch the video to know what this evolving situation means for Indian Pharma?
Net Sales are expected to increase by 2.5 percent Y-o-Y (up 1.3 percent Q-o-Q) to Rs. 3,844 crore, according to Sharekhan.
Multi-year opportunity awaits Indian vaccine manufacturers such as DRL, Gland Pharma, Aurobindo Pharma and Cadila Pharma
In the next fiscal, Cadila plans to launch 40-plus products, including 8-10 complex molecules which should offset pricing erosion
Vaccine rollout will throw up opportunities not just for the domestic pharmaceutical and healthcare industry but also the logistics value chain, right from vaccine production, delivery, storage and then the actual immunisation
In the next three years, Cadila plans to launch 45 injectables, which are expected to generate revenue of USD 150-200 million at peak
The company has received final approval from the United States Food and Drug Administration (USFDA) to market Meclizine hydrochloride tablets in the strengths of 12.5 mg and 25 mg, the company said in a statement.
Net Sales are expected to decrease by 6.7 percent Y-o-Y (up 2.8 percent Q-o-Q) to Rs. 3,043 crore, according to Sharekhan.
Net Sales are expected to decrease by 4.4 percent Y-o-Y (up 8.1 percent Q-o-Q) to Rs. 3,093 crore, according to Sharekhan.
Axis Direct is bullish on Cadila has recommended buy rating on the stock with a target price of Rs 540 in its research report dated August 18, 2017.