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French drugmaker Servier sharpens India strategy, eyes ₹1,000 cr revenue

Servier is stepping up its India push to bring first-in-class and precision medicines, expand global clinical research participation and use India for manufacturing and GCC services

Aurelien Breton, managing director, Servier India
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Aurelien Breton, managing director, Servier India

Sohini Das Mumbai

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French drugmaker Servier is sharpening its India strategy as it looks to bring more first-in-class and precision medicines into the country, deepen its role in global clinical research, and use India as a hub for manufacturing and global capability centres (GCCs).
 
The company is targeting a turnover of about ₹1,000 crore from India over the medium term, underscoring the market’s rising importance in its global growth plans.
 
India currently contributes about 1 per cent to Servier’s global revenue, but that share is set to climb as newer oncology products are launched and the company expands its footprint beyond its legacy