Cipla Ltd. appears to be re-working its focus on the resource guzzling biosimilars business, moving towards an in-licensed approach, at least for now, in the segment. The firm’s manufacturing plans for biosimilars are under review as part of the exercise.
Cipla Cuts Down In-House Biosimilars Plans
Cipla is recalibrating investments in the “resource-intensive” biosimilars business, reinforcing its thrust on the respiratory and specialty products segment. Large biosimilar manufacturing plans in South Africa have been put on hold, with curtains seemingly coming down at an Indian unit.
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