Momentum Back At Cipla In Q2 But Albuterol Delayed In US

Cipla had a strong run across key businesses in Q2, with products like generic Sensipar retaining share in the US despite stiff competition. But launch timelines for generic albuterol in the US have been pushed back to fiscal 2021.

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Cipla Reports Strong Recovery In Q2 • Source: Shutterstock

Cipla Ltd. made a strong comeback in the second quarter of fiscal year 2020, buoyed by growth across key businesses, though launch timelines for its key respiratory inhalation generic, albuterol, in the US have been delayed.

The Indian company, which had a muted first quarter, reported overall revenue growth of 10% to INR43.96bn ($619m) in Q2,...

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