Business Standard

Monday, December 23, 2024 | 05:23 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

Natco a safer bet in volatile pharma pack

US sales are being driven by niche complex products, domestic specialty range is also seeing traction

Natco a safer bet in volatile pharma pack
Premium

Ujjval Jauhari
The Natco Pharma stock has been among the few outperformers from the pharma pack and given the recent news flow and the company’s growth prospects, there could be more gains for investors.

While Natco launched the Hepatitis-B drug in India on Tuesday, it approved the closure of its qualified institutional placement (QIP) document over the last weekend. But, most significant is last week’s news of Teva dropping patent litigation against Mylan (Natco’s marketing partner) with respect to the US launch of generics of Copaxone 40 mg injections.

Thus the Copaxone 40 mg generic should drive Natco’s fortunes given its potential opportunity of

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in