"Most of the supply chain seems to be coping... the kind of apprehension expressed by stockists and pharmacists is not the way they were expecting it. I just hope this continues to be smooth and companies do not face any problems," Biocon CMD Kiran Mazumdar Shaw told BTVi in an interview.
She said there was no point in delaying the GST as "it is a game-changing reform".
"I think we need to get on with it and keep correcting the course as we encounter glitches," she said.
Speaking on the company's new drugs in the pipeline, Shaw said the firm's focus is on regulatory approvals for bio-similars pending with US Food and Drug Administration.
She said time is needed to prepare for commercial launch of the new products.
About the progress of insulin facility in Malaysia, She said the plant is up and running.
"Over the next two fiscals, we expect 20 per cent of our revenue from bio-similars.
According to her, the company is focusing on leveraging existing capacities.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)