Cipla To Recalibrate US Investments, Partnering Plan For Specialty Business

Cipla to moderate investments across US generics R&D and specialty business, while its India business components - prescription, trade generic and consumer health - are being brought under a “single capital allocation framework.”

Trees
Cipla Moderating Investments Across US Gx R&D, Specialty • Source: Shutterstock

Cipla Ltd. is realigning its “capital allocation choices” in key business areas, adopting a seemingly more measured approach across its US generic R&D and specialty segments. It is also consolidating various components of its India business - prescription, trade generics (unbranded generics) and wellness – to drive synergies across operations.

Cipla’s global CEO and managing director, Umang Vohra, said that for the US generics business the company plans to recalibrate...

Scrip Podcast

Keep up with the top pharma business news of the week. On the go.

Scrip brings you a weekly bulletin of top picks.

More from Business

More from Scrip