Syngene International Ltd - A Pharma Researcher Adding Manufacturing Skills

Discussion in 'School Of Stock Market' started by Sudipta Banerjee, Mar 28, 2020.

  1. Sudipta Banerjee

    Sudipta Banerjee New Member

    Joined:
    Feb 15, 2020
    Messages:
    10
    Likes Received:
    4
    Contract Research Organisations (CRO) like Syngene provide research facilities to their clients (Pharma Companies).
    For the last five years of the company, the number of customers has consistently increased.
    Till 2019, Syngene was mostly a CRO player. Most of its sales were from Research, where it would search for drugs for its client. But for the last several years Syngene has built a large medical facility in Mangaluru to make drugs in large quantities.
    Now Syngene is ready to produce Drugs for a significantly large quantity. This will help the company grow in future.
     
Loading...