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Alembic Charts China Plans, Sees Price Cuts As No Dampener

 
• By Anju Ghangurde

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.

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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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