Pressure Mounts On Zydus Cadila In Q3 As Vaccine Launch Looms

Indian Firm May See Fortunes Change As ZyCov-D And Biosimilars Reach Market

Zydus Cadila found itself under pressure during Q3 following a lack of demand for COVID-19 therapeutics in India and reduced mesalamine sales in the US – but, heading into H2, exports of its novel COVID-19 vaccine ZyCov-D, as well as a number of biosimilar launches, could see its luck begin to turn.

Gloved hand holding a blood pressure meter, indicating high blood pressure
Reduced demand for COVID-19 products and dwindling mesalamine sales put Zydus under pressure in Q3 • Source: Alamy

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