Is Cipla Limited keen to participate in the COVID-19 vaccines segment? The answer has broadly been a definitive yes, going by recent statements by the company’s senior management, though the scope of interest remains less well defined.
Tracing Cipla’s Interest In Vaccines, Potential For Tie-Up With Moderna
Cipla is no novice in the vaccines segment and a potential link up for Moderna’s mRNA COVID-19 vaccine or with other firms could add an important lever in the 80-plus year-old Indian firm’s overall strategic thrust. Management has all along maintained a positive tone for coronavirus vaccine alliances.
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The latest in a long line of restructuring measures will see Sumitomo Pharma making a stepped sale of its pharma operations in Asia to major Japanese trading house Marubeni.
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Plus deals involving GV20/Mitsubishi Tanabe, Kaken/Alumis, AstraZeneca/Alteogen and deal terminations involving Clover/Gavi Alliance and Rhythm/RareStone.