To stave off pricing pressure in the US, Sun Pharmaceutical and Dr Reddy's Laboratories have built pipelines of drugs that face less competition and command better pricing power.
Mumbai-based Sun Pharma has already invested $600 million in seven speciality assets in dermatology, ophthalmology, central nervous system and oncology. Two drugs are already in the market, and the lead dermatology drug, MK-3222, should be launched in the first quarter of 2018-19. Speciality drugs are novel drugs for niche therapies needing more funds for development. Also unlike generic drugs in the US, speciality drugs also rack up marketing costs of field forces