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Sun Pharmaceutical’s SPARC Unit Hopes To Kindle India Research Pipeline

 
• By Vikas Dandekar

Sun Pharma’s research unit SPARC shared an update of its research pipeline, but analysts are short on excitement, owing mostly to delays on timelines.

MUMBAI – Cash flow uncertainty clouds the prospects for Indian drug companies to transition to a research-driven approach, as evidenced on a March 25 investor call by Sun Pharma Advanced Research Co. Ltd. (SPARC) – the carved-out, listed research entity of Sun Pharmaceutical Industries Ltd.

Delays in meeting product development and launch timelines have made investors wary about the likely upsides from the late-stage pipeline...

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