The US and domestic formulation businesses help the pharma company to do well in Q3
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
Cadila’s stock was primed by a series of potential roll outs to meet the COVID-19 challenge. Beyond COVID, the company is steadily building up its injectable and biosimilars portfolio - the areas to look at for the longer term.
Drug-maker Zydus Cadila may soon enter and corner a large chunk of a multi-billion dollar drug opportunity in the treatment of fatty liver disease.
"The US Food & Drug Administration has approved company's plan to initiate a phase 2 clinical trials of Saroglitazar (Lipaglyn) in patients with non-alcoholic steatohepatitis (NASH) of the liver in USA," the Ahmedabad-based pharma company says in its filing.
Drug firm Zydus Cadila on June 4 said it has received approval from the US health regulator to initiate a phase II clinical trial of Saroglitazar in patients with non-alcoholic steatohepatitis (NASH) of the liver