Syngene International Ltd - Bridging the Gap Between Science and Solutions - PA Wealth
blog.pawealth.in/2023/06/17/syngene-international-ltd-bridging-the-gap-between-science-and-solutions/
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Syngene International beneficiary of the shift from Chemical drugs to biological drugs.
Syngene is one of India’s leading CRAMS organisations
Company has grown its revenue at 17.54% in past 5 years, while PAT grew at a CAGR of 8.73%
Shift from chemical drugs to biological drugs
Out of top 10 selling drugs in the world 8 are biologics.
Every year, around 2/3rd of the new business comes from existing clients and the rest from new clients.
Hyderabad which expanded further in Q4 FY23 ¤tly accommodates ~900 scientists.
during the year, the campus in Hyderabad added 400 scientists
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