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ICICI Securities Report
Piramal Enterprises Ltd. has uniquely positioned itself in the pharma business to not only leverage from its niche business model but also capitalise on the upcoming organic and inorganic opportunities that augur well for future growth.
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The company organised a virtual conference to discuss the pharma business in great depth and we have encapsulated the key highlights from that discussion below.
The company is the 13th largest player in the global contract development and manufacturing organization market with an approximate target market size of $55-70 billion.
The company generates most of its revenues from commercial manufacturing and development services by servicing clients across the spectrum (big pharma, generics, emerging biopharma, etc).
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