Cipla Ltd., which has in the past admitted its smaller presence in the US compared with some Indian peers may be weighing down its earnings, expects to take its North American business to a “meaningful scale” from its current level of 18% of revenues.
Some of the core components of the US business build-up plan include keeping the product filing momentum going – Cipla is targeting over 20 ANDAs annually – and taking a greater share of limited competition launches, details in a presentation by Cipla's executive vice
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