Alembic Charts China Plans And Sees Price Cuts As No Dampener

Alembic has firmed up a joint venture to tap into emerging opportunities in China amid evolving regulations there, and believes the market holds significant promise despite rising price pressures.

ChinaPills
ALEMBIC JOINS GROWING LIST OF INDIAN FIRMS KEEN TO TAP INTO CHINA • Source: Shutterstock

Alembic Pharmaceuticals Ltd., which reported a sturdy set of numbers for the fiscal fourth quarter ended March 2019, has outlined a broad vision for its China joint venture, though management commentary appeared cautiously optimistic, underscoring it is still early days and that China's regulations are still evolving.

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