ICICI Direct: Laurus Labs - An Integrated Model, CDMO To Drive Growth

Laurus Labs, an anti-AIDS API supplier, is rigorously diversifying its product basket by moving into niche APIs and formulations.

The antiviral medication being manufactured in Russia. (Photographer Andrey Rudakov/Bloomberg)

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Established in 2005 by pharma veteran Dr. Satyanarayana Chava, Laurus Labs Ltd. is a vertical integrated pharma company operating across three segments – active pharmaceutical ingredients, formulations and Synthesis CDMO (contract development and manufacturing organization).

From an anti-AIDS API supplier, the company has been rigorously diversifying its product basket by moving into niche APIs and formulations.

Laurus Labs is well poised to benefit in the post-pandemic scenario with an integrated business model and focused approach.

We like the company as it continues to target products where it has a competitive edge and an ability to manage supply chain better, with improved financials.

Click on the attachment to read the full report:

ICICI Direct Laurus Labs StockTales.pdf
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