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Cipla Warns Of Tough 2H - Pressure On Tender Business, Sanctions-Related Volatility

 
• By Anju Ghangurde

Cipla rang in a “modest” Q2 and management has cautioned that coming quarters might see significant headwinds including the impact of a constrained funding environment on the tender business and US sanctions-related turbulence in some markets.

Storm
COULD CIPLA BE HEADING INTO A TURBULENT SECOND HALF?

After a muted second quarter, Cipla Ltd. has indicated that investors should not expect a dramatic change on the earnings front in the second half, amid what appears to be a challenging business environment in some segments and markets that it operates in.

The good news, though, is that the Indian firm appears to have things going to plan on some other fronts, including a growing play in the US market for limited competition products, and momentum towards its targeted launch of inhalers there

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