Thanks anindya for the explanation about generics and branded generics.
In India, typically most pharma companies market their own brands and can be termed as branded generics.
Nowadays some cities have started seeing pure generics medical shops but I think until doctors embrace the concept of prescribing generic drugs, mainly by their generic names rather than brand names, this trend of growth in generics is unlikely to catch up.
Coming to Alkem, it seems a company similar to the likes of Torrent Pharma, ajanta, Intas, and the rest of the lot. It does have a dominant place in antibiotics therapy. And much is talked about its US prospects though I dont know much about it.
Personally I would like to wait some time and know more about the company before taking a call.
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