Indian firms must transition from “plain-vanilla” generics to more complex products, including biosimilars, if they want to continue growing. However, returns from the sector’s so-called Third Wave will be some time coming, warns Lupin’s managing director Nilesh Gupta.
The Indian pharmaceutical industry, faced with dwindling returns in its established traditional generics operations, must transition to a model that encompasses complex generics, biosimilars and specialty medicines to ensure sustained progress, according to Lupin Ltd.’s managing director Nilesh Gupta.
Quoting Bob Dylan, Gupta declared that “the times they are a-changin’” and the Indian industry is nearing the end of...
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