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Nirmal Bang Report
We hosted the JB Chemicals and Pharmaceuticals Ltd.'s management at our Annual Investor Conference to discuss the business outlook. The company remains poised for strong growth in the domestic business, which will be driven by growth in the base business and integration of acquisitions.
There is good visibility in the Lozenges CMO business too and the same should grow in mid-teens.
In the U.S. market, JB Chemicals will focus on manufacturing competency for building portfolio and remain conservative in its efforts, so as not to over invest. research and development investments will remain in the 3% range.
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