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Aurobindo Pharma steady as analysts watch numbers for near-term growth

The company's investments across segments will take at least two years to play out, say analysts

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Aurobindo Pharma | Markets

Ram Prasad Sahu  |  Mumbai 



Aurobindo Pharma
The company’s focus, after deleveraging post the sale of Natrol, would be to develop its capability across segments of injectables, vaccines, biosimilars, inhalation and APIs to drive growth

Aurobindo Pharma’s December-quarter results were largely in line with the Street estimates, given that growth was driven by the antiretroviral segment and the US business. While its injectables portfolio was steady, sales in the US market, which accounts for over half of its turnover, were driven by the oral portfolio. The disappointment was on account of muted revenues of active pharmaceutical ingredients (APIs), which were down 14 per cent over the year-ago quarter.

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First Published: Fri, February 12 2021. 16:17 IST

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